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Great Real Estate & Pizza Business

Tolland County, CT

Great Real Estate & Pizza Business
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Asking Price: $825,000

Cash Flow: $195,000

Gross Revenue: $995,000

EBITDA: N/A

FF&E: $250,000

Inventory: N/A

Real Estate: $525,000

Established: N/A

Great Real Estate & Pizza Business

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Business Description

Why Rent When You Can Own

Great opportunity to take over a well established business and own the real estate also. Presently serving Greek Style Pizza but you could do NY Style also. The present owners have owned this for 10 years and wish to retire. Not much competition and set in a picturesque area in one of Tolland Counties best towns. Sba financing with 10% down is available to qualified buyers.

FOR MORE INFO PLEASE FILL OUT A NON DISCLOSURE AGREEMENT ON LINE BY GOING TO www.abc4restaurants.com.

Detailed Information

Location:
Tolland County, CT
Real Estate:
Owned
Included in asking price
Building SF:
3,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free Standing immaculate country side restaurant that sits on 3 acres and seats approximately 90 people. Small bar that seats 8 and mostly booths for comfortable seating. An outdoor area with picnic tables adds to this country like setting. A good sized kitchen with well maintained equipment and a full basements that houses 3 walk in coolers and plenty of storage space as well as an office. Real estate taxes $11,500 per yr.
Competition:
Few in the area but none where you can own the real estate.
Growth & Expansion:
Add delivery. More marketing through social media. Add catering menu. Get full liquor license (Presently serving beer & wine only).
Financing:
SBA Financing w/ 10% Down to qualifield
Support & Training:
Owner will stay on for transition period
Reason for Selling:
Retirement
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(from currently available funds)
 
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Joe Granato

Business Listed By:
Joe Granato

ABC4Restaurants /ABC4Commercial (Investment Properties)

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