Business For Sale

Iconic Prosperous Ristorante/Pizza

New Haven, CT
New Haven County

Historic popular neighborhood location


Asking Price: Annual Revenue:
$899,000 $1,800,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic Prosperous Ristorante/Pizza Broker: Shawn Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $899,000
Annual Revenue: $1,800,000
Net Profit: Not Disclosed
Cash Flow: $325,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: CT
Year Established: 1991
Employees: Not Disclosed
BBN Listing #: 130833937
Broker Reference #: pizza/restaurant nh

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Business Overview:

It is indeed my pleasure to offer this legendary high grossing Italian/pizza restaurant established over 26 years in an historic well known neighborhood with a huge upside potential. With state of the art automated equipment including a $40,000 Robo Flex oven that takes the place of four ovens, $11,000 Mozz grinder and automatic doe roller for high income production. With the addition of a brand new full service bar it has increased gross income and popularity. There is no risk here; with long thriving money making history in a celebrated location makes this one a no brainer act now!

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Property Features and Assets:

3,000 iconic square feet, two potential money making apartments included, meager $4,500 gross( includes water, property tax & insurance) rent unheard of 3% rent factor, 110 booming dining, popular private party room, 2 super patios one enclosed one charismatic outdoor, new prosperous full service bar, state of the art equipment, established 27 booming years, immense upside potential, historic location.

Market Competition and Expansion:

Competition: Historic popular neighborhood location. Growth & Expansion: More attention to operations and increased marketing.

Reason for Selling:

Reirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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