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Central Ct Italian Restaurant & Pizzeria

Middletown, CT (Middlesex County)

Seller Financing Available
Central Ct Italian Restaurant & Pizzeria
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Asking Price: Get Financing: $399,000

Cash Flow: N/A

Gross Revenue: $1,050,000

EBITDA: N/A

FF&E: $275,000

Inventory: N/A

Lease Rate: $10 /Year

Established: N/A

Central Ct Italian Restaurant & Pizzeria

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Business Description

Immaculate recently remodeled from kitchen to dining room to large bar area that opens to a beautiful wood deck. This restaurant needs an an experienced owner operator to bring this business to the next level. Sba loan available with $100k down to qualified buyer or owner will self finance with $200k.Please fill out a NON DISCLOSURE AGREEMENT on line by going to abc4restaurants.com.

Detailed Information

Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
140 seat restaurant and bar on a very busy corner with a light and a huge parking lot. 2 minutes from a major highway on a busy road 8 minutes to one of central Connecticut's hottest restaurant city. A 100 seat banquet facility in on the lower level is soon to be completed.
Competition:
Many Great Italian restaurants in the area but few that are truly affordable family restaurants. Plenty of free accessible parking that makes picking up take out food very easy for the customers.
Growth & Expansion:
Develop the banquet business with the soon to be completed Banquet facility.Promote Catering, Add Delivery, Utilize Social mediafor advertising and promote the bar area.with happy hour and late night bar menu & entertainment.
Financing:
50% for a qualified buyer
Reason for Selling:
has another project oversees that needs his attention.
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Contact the Seller

(from currently available funds)
 
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Joe Granato

Business Listed By:
Joe Granato

ABC4Restaurants /ABC4Commercial (Investment Properties)

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