Pizzeria Owner Financing. pzza825

Price: $175,000

Location: New Haven , Connecticut

Industry: Pizza

Listing ID: PZZA825

Super opportunity to own this highly successful pizzeria business in a wonderful area of Connecticut, New Haven County. The owner is now retiring from this industry and family are relocating out of state and will train and finance this profitable restaurant retail food operation. This restaurant has a seating capacity for sixty (60) customers with a great deal of room to expand. The majority of the income, approximately 70%, represents customer pickup and delivery. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The business fixed assets have an estimated value of approximately $175,000 which is based on the replacement cost, representing equipment, licensing, etc. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped commercial retail operation, which includes, required municipal & state licenses, web site, social media venues, full commercial kitchen, shelving, POS system, tables, computer, software including all the necessary equipment to maintain the daily business operation and a list of assets will be supplied to purchaser upon request.

Listing Details

Revenue: $500,000

Cash Flow: $86,000

Accounts Receivable: $-1

FFE: $175,000 (Included in Price)

Inventory: $1,200 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many years of success in this particular industry.

Training & Support:

Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.

Operation

Year Established: 2000

Days & Hours of Operation: Days Hours of operation; this business is active seven days per week, with hours from 9:00 am to 8:00 pm.

Owner Hours Per Week: Full Time

Employees: Regarding employees and payroll, this retail company consists of four full-time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and weekly base salary, and the staff is fully expected to remain post-closing, the monthly payroll expense is approximately $4,800.

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 1,800

Type of Location: Commercial active highway

Square Footage: 2,500

Relocatable?: Yes

Facilities Information:

This business opportunity is in north central Connecticut, New Haven County on a highly active county road. This business facility consists of approximately 2,500 square feet with a modern, attractive, and professional appearance. The business is in a modern commercial mall and the facility is conveniently located for its various customers.

Ron Cervelli

contactus@regalconsultants.com

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