Italian Restaurant....Wedges, Pasta and Pizza....Great Location!

Stamford, CT (Fairfield County)

Seller Financing Available
Italian Restaurant....Wedges, Pasta and Pizza....Great Location!
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Asking Price: Get Financing: $250,000

Cash Flow: $140,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $150,000

Inventory: $2,000

Lease Rate: N/A /SF

Established: 2016

Italian Restaurant....Wedges, Pasta and Pizza....Great Location!

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Business Description

Young Italian restaurant with great location and sales increases every month. Huge potential to keep growing and adding to the menu. They have a beer and wine license. A salad bar can be added. The Revenues on annual basis are 500K+ and growing. The revenue is 40% from lunch....48% dinner and 12% take out. Plenty of parking right outside the front door. Located in a busy shopping center in growing section of Stamford, CT. Customers are from a tri-town area. No shortage of customer potential. Owner has to sell due to family needs. Looking for seriously interested parties only. Great buildout. Nicely planned space.
If owner works this restaurant you can add another $70,000 to the owners bottom line which the cash flow reflects.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
10/1/2026
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a shopping center in a populated area surrounded by 3 towns. Plenty of parking right outside the front door. 1700 well designed square feet.
Competition:
Fast growing ...welll liked....lots of upside....unlimited!
Growth & Expansion:
Add salad bar....
Financing:
Must have good credit number
Support & Training:
2 weeks free
Reason for Selling:
Family issues and needs
Business Website:
http://www.bassoassociates.com
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Contact the Seller

(from currently available funds)
 
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Vince Basso

Business Listed By:
Vince Basso

Basso Associates, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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