Family Restaurant Business for Broker in New Haven County, Connecticut

Business:Family Restaurant Business for Broker
County, State: New Haven County, Connecticut
Business Type: Pizza Parlour, Restaurant/ Cafes, Other Eating & Drinking Places

Summary Description

Popular family ristorante and pizzeria on busy road in large central Connecticut city. Weekly revenue has doubled in the past three years despite absentee owner. Lots of loyal, repeat customers. Potential to double revenue again through owner presence, kitchen expansion, dining room expansion, increasing operating hours and expanding delivery service. An outstanding opportunity.

About the Sale

Asking price: $250,000 (USD)

Total Revenues: $293,280 (USD)

Cash Flow: $107,692 (USD)

Financing: $150,000 down and $100,000 @ 8% for 60 months

Reason Selling: Owner has other business interests

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.