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Profitable Turnkey Pizza/Restaurant

Affluent Shoreline, Connecticut (New London County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $165,000 Inventory $2,500** 
Gross Income $450,000 Real Estate  
Cash Flow $100,000 Year Established 2006
FF&E $140,000* Employees 7

* included in the asking price

** not included in the asking price

Excellent Profitable Pizza Restaurant with Pizza, Pasta, Veal, Chicken and Seafood dinners. Sales have increased from $5K/week in 2006 to $9K/week in 2009. The restaurant decor is excellent with a newly remodeled dining room. The menu has been expanded over the past 3 years to include grinders and gourmet pizza as well as many new dinner entrees.

Facilities: 1,600 square foot Italian Pizza Restaurant in small shopping plaza. Well equipped for take-out and dining in. Excellent parking. Rent $2,542/month. Good lease in place.

Competition: While there are other pizza places in town, this is one of the best, located on busy Route 1. The recent focus on dining via a pasta and grinder menu has resulted in sales growth in the past 3 years.

Growth/Expansion: Although this business has grown from $266K in 2006 to $449K in 2009 (projected), further growth is possible via further in-store focus and delivery, 10-20% per year is possible.

Financing: Partial owner financing possible.

Support/Training: Owner will remain to train for 30 days, 15 days on premises and 15 days via telephone, all at owner's expense.

Reason Selling: Personal family situation is motivating seller to spend more time at home.

Business For Sale By

John A. Russo Jr.

860-257-4274

Just Restaurants

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