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Excellent Italian Restaurant and Pizzeria for sale in Western Ct., Connecticut
Excellent Italian Restaurant and Pizzeria
Western Ct. |
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Excellent Italian Restaurant and Pizzeria in the heart of affluent Litchfield county town. Restaurant serves Gourmet Pizza, Pasta, Seafood and Italian Cuisine. Fresh Bread is baked daily on site along with a full complement of Italian pastries. 2000 square foot building with seating for 55.Building is in great shape and is located on a very busy street, with a lot of traffic passing buy. They have a large parking lot plus plenty of street parking. PRICE REDUCTION! |
Listing Number: 1110
Ken Ernhout - Listing Broker
36 Old Farms Rd, Litchfield, CT 06759
Telephone - (860) 361-6398
E-mail -
kernhout@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Restaurants |
| Asking Price |
$125,000 |
| Gross Sales |
$293,000 |
| Cash Flow |
$88,000 |
| FFE |
$74,000 |
| Inventory |
$3,100 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
5 - Part-Time |
| Facilities |
The business is located in a 2,000 square foot building. The business offers a 35 car parking lot. It has a full kitchen Pizza oven and Conventional ovens as well as 2- 6 burner stoves. There is an area planned for a full bar and also plans for an outdoor seating area. There is one walk in cooler and one walk in freezer
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| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
It is in a prime location of Litchfield County directly on the main st. In town. The Restaurant serves patrons in all surrounding towns and caters to local hospital and several area companies. |
| Growth Notes |
There are many opportunities to improve cash flow with this business. There are current plans to include a full bar expansion as well as an outdoor patio area in the back of the building. This will increase sitting area as well appeal to clients desiring to sit outdoors during the nice weather months. Opening up for breakfast has been an option to capture that market niche and increase revenue considerably; currently they are only open for breakfast on Saturday. |
| Support Training |
Owner is willing to train for a specific period of time depending on buyer’s skills. |
| Year Established |
2000 |
| Financing Terms |
N/A |
| Reason for Selling |
Owner Relocating |
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