Retail - Other Eating & Drinking Places | Retail - Restaurants

$Seller Financing Available

Asking Price	$119,900	Inventory	$5,000**
Gross Income	$286,000	Real Estate
Cash Flow	$61,000	Year Established	2006
FF&E	N/A	Employees	2ft 2pt

* included in the asking price

** not included in the asking price

This Pizzeria also use to be a Deli & served breakfast. It had a big Lotto business too. The current Owners who commute everyday from the Waterbury area decided to do Pizza only. Since buying the business at the end of 2007, business has been good but bringing back the Deli, Lotto and breakfast would change good to great! The business sells 12 ($6.50) to x-Large 18 ($11.50) pies, foot long hero s ($5.50 - $6.50), gourmet pizzas, calzones ($6.95), pasta (lunch $7.95 dinner $9.95) and stuffed breads ($7.50). Long hours plus a long commute is the reason they want to sell. The business is family run. It is in a 2,200 s.f. store at the intersection of 2 streets with parking on both sides of both streets. It was recently remodeled with a 20 counter in the Deli area and a 20 counter in Pizza area. Small bistro style eating area with 2 tables. Hours are 10 to 10 Monday thru Sunday. Rent for the new Owner will be $2,594/month gross plus utilities. 8 years remain in the lease (including the 5 year option).

Attachments: Download additional information (PDF)

Facilities: The 2,200 s.f. store is located on a main commuting street in a residential neighborhood with heavy going to work morning and coming home evening traffic. Within a 3 mile radius of the store the population is over 76,173 with more than 27,560 households. Medium income is over $68,456. There are over 4,365 businesses that have over 48,166 employees in this area not bad for a Pizzeria & Deli.

Competition: New Owner s estimated sales should be over $5,500/week. Net at this volume could be +/- $60,000. The new Owner would need to estimate their own volume based on how he/she plans to operate the business.

Seller Financing Available: Yes

Financing: If qualified, Owner will finance 50% of Asking Price

Support/Training: Owner will train

Reason Selling: Long hours plus a long commute is the reason they want to sell.