Brick Oven Pizza Restaurant Business

Undisclosed Address, Connecticut
Business Opportunity for Sale
Catylist Listing ID: 30471727
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $150,000
Gross Revenue: $809,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 8/28/2020

Overview / Comments

Possible seller financing for seasoned buyer. This busy, well-known, well-patronized, award-winning, brick-oven pizza & casual dining restaurant serves thin crust, New York-style pizza, using fresh, local ingredients. Though creating one-of-a-kind pizzas is their forte, they also serve traditional comfort foods with an Italian flair in a casual, upscale setting. They offer dine-in, take-out, delivery and catering, all with affordable prices. 70% of the strong, consistent sales are from dining in, with more than 20% take-out service. The owner, who is primarily absent from the day-to-day operations, is motivated to sell this restaurant so he can focus on his other business.  As this area continues to see record economic growth due to new contracts with EB and the USCG museum project, there is a huge opportunity for growth and expansion. 

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,287 57,816 141,644
Median Age: 42.13 37.26 37.85
Households: 2,894 21,597 54,403

Contact

Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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