Iconic Prosperous Ristorante/Pizza

New Haven, CT (New Haven County)

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

Cash Flow: $325,000

Gross Revenue: $1,800,000

EBITDA: N/A

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
Facilities:
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
Competition:
Historic popular neighborhood location
Growth & Expansion:
More attention to operations and increased marketing
Support & Training:
If needed
Reason for Selling:
Retirement
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Shawn Reilly

Business Listed By:
Shawn Reilly

Levey Miller Maretz

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