Profitable Restaurant-Pizzeria With Property In CT
Not Disclosed, CT Middlesex County
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- RE: Profitable Restaurant-Pizzeria With Property In CT
- Contact: Ken Stein
Quick Facts
| Asking Price: | $1,150,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $215,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 17 | |
| BBN Listing #: | 936609 | |
| Broker Reference #: | 15275 |
Business Overview:
Why Rent when you can be the landlord and own and operate this profitable, well-established Restaurant-Pizzeria with Property that has been a staple in this Connecticut town for over 30 years?
This restaurant has it all; a great atmosphere, 3,600 square feet with a full basement, a banquet room, parking for 70 cars, a loyal following, sales of $20,000+ weekly and over $200,000 in yearly earnings for the owners. PLUS, the sale includes 3.5 acres that you can build on or rent out.
This is a turn-key opportunity with a full kitchen, a stable and experienced staff, and seating for over 200 customers. All personnel are in place for a smooth transition.
The business is doing approximately $1.2 million in sales. There are numerous ways for a new owner to improve on these results. The current owners do very little advertising and are ready for retirement after owning and operating the business for more than 30 years.
If you are seriously interested in owning a profitable business and property with an established history and a loyal following, then your search is over. Please refer to listing number 15275 when inquiring about this opportunity.
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Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Connecticut businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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