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Business for Sale Summary

Pizza Restaurant for sale in CT - 34844

Business Type: other eating & drinking places,restaurant/ cafes/ diners,seller financing available,pizza parlour
Owner Financing
Pizza Restaurant for sale in CT
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Financial Information (non-confidential)

General Information
Asking Price $220,000 Down Payment $110,000
Gross Revenues $950,000 Lease Remaining Register Free to View
Owner’s Cash Flow $220,000 Number of FT Employees Register Free to View

Financing

$110,000 Down and $110k at 5% for 36 months

Business Description

Great neighborhood pizza business for sale. Located in a busy part of a main road in Connecticut - there is a huge delivery demand. Located in this spot for almost 17 years, the current owner has operated it the entire time. At just over 1600 Square feet, it’s a perfect size for a new owner to manage. Currently they gross $18,000 per week and just over $950k for the year. Rent is a modest $5000 per month and the Landlord will offer a new lease for at least 10 years. There is a beautiful seating area, with an old school charm, as well as a large, same floor open kitchen with 2 large ovens, a 14 burner stove, 2 fryers, a large dough machine capable of producing hundreds of pounds of dough daily & state of the art POS system and all the other vital equipment to produce a high volume of pies and other delicious dishes. There is also a large basement used for prep and storage and has among other items. They have standing orders with the public schools around the neighborhood as well as catering contracts with offices. The seller is open to 50% financing. If you want to set up an appointment to see the place or speak with the owner, call Ross at 917-881-7441

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.