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BUSINESS FOR SALE - PROFILE #  05221657

High Volume Restaurant & Pizzeria
Southern Cnnecticut

Asking Price: $550,000   Down Payment: $550,000  
Gross Revenue: $1,144,000   Adj. Cash Flow*: $367,300  
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Executive Summary
  • Long Established Italian, American & Mediterranean Restaurant & Pizzeria

  • Full Menu, Beer/Wine License. Separate Catering Menu. Will Deliver.

  • Seats 90 at Booths & Tables. 

  • Sales Estimated to be in excess of $1MM in 2017

  • Long Lease in Place, 15 years with options.

  • Upscale Area
  • Acquisition Highlights

    • Training Information:  2 weeks
    • This business is not a franchise
    Business Synopsis

    Asset Information (estimated fair market value)

    Established in: 1962 Inventory: $10,000 Included
    Employees: 10 FT, 5 PT Furniture, Fixtures & Equipment: $300,000 Included
    Lease/Rent: $5,400 Real Estate:
    Building Sq Ft: 2,000
        Total Assets Included in Sale: $310,000
     
    * Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
    Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
    DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

    FOR MORE INFORMATION:

    Contact:  Bob Capozzi
    Phone:  (203) 878-0554
    E-mail:  venture.grp.prtnrs@snet.net
    VR Business Brokers - Milford, CT
    99 Cherry Street
    Milford, CT 06460-3455
    The above company and/or agent is a licensed real estate broker/and or a business broker.
    Businesses for sale listings at Businesses For Sale US.

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