Iconic Prosperous Ristorante/Pizza

New Haven, CT (New Haven County)

Seller Financing Available
Iconic Prosperous Ristorante/Pizza
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Asking Price: $899,000

Cash Flow: $325,000

Gross Revenue: $1,800,000


FF&E: $400,000

Inventory: N/A

Established: 1991

Iconic Prosperous Ristorante/Pizza

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Business Description

It is indeed my pleasure to offer this legendary high grossing Italian/pizza restaurant established over 26 years in an historic well known neighborhood with a huge upside potential. With state of the art automated equipment including a $40,000 Robo Flex oven that takes the place of four ovens, $11,000 Mozz grinder and automatic doe roller for high income production. With the addition of a brand new full service bar it has increased gross income and popularity. There is no risk here; with long thriving money making history in a celebrated location makes this one a no brainer act now!

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
3,000 iconic square feet, two potential money making apartments included, meager $4,500 gross( includes water, property tax & insurance) rent unheard of 3% rent factor, 110 booming dining, popular private party room, 2 super patios one enclosed one charismatic outdoor, new prosperous full service bar, state of the art equipment, established 27 booming years, immense upside potential, historic location
Historic popular neighborhood location
Growth & Expansion:
More attention to operations and increased marketing
Support & Training:
If needed
Reason for Selling:
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Contact the Seller

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Shawn Reilly

Business Listed By:
Shawn Reilly

Levey Miller Maretz

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