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Businesses For Sale > Business For Sale in Fairfield County, Connecticut (CT)

Italian Restaurant & Pizzeria - Wealthy Town LIKE NEW

Fairfield County, Connecticut (CT)

Asking Price: Gross: Cash Flow:
$ 265,000 $ 575,000 $ 100,000

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Business Summary:
This Italian Restaurant & Pizzeria is in pristine condition and has the sales and profits of places that have been open for much longer. The menu includes specialty pizza, pasta and entrees, soup, salads and panini, as well as beer and wine. They offer full service in the restaurant, as well as counter service and delivery. The sales are 50/50 lunch and dinner and delivery is 35% of the total. A new owner will come right in and make money.

 

   
Year Business was Established: 2006
   
Number of Employees: 3FT/4PT  
   
Facilities / Terms of Lease: The facilities include 1,200 sq. ft. of retail space, and storage above the shop. It has a full kitchen and Baker's Pride oven. All of the equipment, and the tables and chairs were bought new in 2006 and are in excellent condition. The Hobart mixer was purchased used. The front includes very nicely laid out display cases, 8 tables and 32 seats. There is good signage in front and a parking space in back. Included are 2 computers with a POS system to track sales and orders, and a web based security system to see the shop remotely.  
   
Potential Growth/Expansion: Since the seller hasn't done a lot of marketing, this would increase sales. Mailing and emailing specials and coupons to customers has not been done so this is would increase awareness and grow sales.  
   
Competition: This restaurant is nicely positioned to serve both residents and the town's employees. They also serve out of town visitors during summer months.  
   
Owner willing to finance: the seller will consider some financing for the right buyer  
   
Owner willing to train: The seller will stay on to ensure a smooth and successful transition  
   
Reason for selling: The seller's commute to the shop is too long.  
   
Seller Reference Number: bm1916103985
BusinessMart.com Listing Number: 51056
 

 

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For more info contact:

Blake Taylor

Synergy Business Brokers
914-738-9350

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