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Asking Price: $179,000

Reduced Reduced Pizza Extraordinaire Fairfield Cnt

Shelton, CT
Not disclosed

REDUCED REDUCED $70,000 from $250,000 to incredible $179,000, a good buy @ $250,000 but now makes it a great buy, for high grossing pizza ristorante for this kind of money. Not often you get your investment back in one year! Imagine becoming the proud owner of a well-loved bustling pizza ristorante, a culinary gem and a well-loved community favorite pizza, boasting years of customer satisfaction, is now available at a reduced price that has been delighting customers for years. With a profitable 2,300 square feet to welcome diners, this restaurant boasts 55 money making seats and an additional cozy bar area for 10, ensuring a lively atmosphere every day of the week. The rent is astonishingly affordable at just $5,100, covering all the essentials including property tax, insurance, and CAM charges. The establishment is renowned for its mouth-watering pizza, consuming 16 cases of mozzarella weekly, and also offers a diverse menu with ala carte and popular catering options for added revenue. Situated in a prime location with high visibility and traffic, this ristorante is not just a business, but a local favorite with a loyal following. This is an unparalleled opportunity to step into a high-grossing, well-established pizza haven at an incredible low price. Don't let this chance slip away; it's a golden opportunity for any aspiring restaurateur.

Cash Flow $200,000
Revenue $1,000,000
$ Owner Financing Available

Asking Price: $405,000

Passive Ownership at Pizza Restaurant

Not Disclosed, CT
Windham County

The owner is passive with 3 managers on staff at this pizza restaurant! With nearly $1M in revenue and 90% of sales being takeout and self-performed delivery, this homemade pizza joint includes over $150,000 in assets upon its purchase! Located in Northeastern Connecticut, this restaurant serves pizza 50% through takeout and drive-through, 40% through delivery, and the other 10% through dine-in and catering. It is the only pizza joint in its market that offers a drive-through option. The company was established as a small take-out pizza shop in 1986 by the current owner’s father; the owner opened this location in 2009. Because of the long history in the community, this restaurant has a strong brand presence, being a long-term staple in the area. There are 20 qualified and reliable personnel in place with 3 being full-time and 17 being part-time. The full-time manager, assistant manager, and shift supervisor take care of the daily activities, allowing the owner to only handle general oversight. Due to COVID-19, the pizza joint had to close for two weeks. But even so, the sales are up from last year given that dine-in was only 10% of sales before COVID-19. With an expansion in catering and alcohol sales, this restaurant would see continued growth. Priced at $405,000, a 15% down payment of $60,750 returns $95,450 in the first year after debt payments, which is a 157% return on investment.

Cash Flow $146,810
Revenue $983,927
$ Owner Financing Available

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