Pizza Restaurant - Absentee, Hands on Chef will Make a Lot of Dough

New London County, CT
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Asking Price:$599,000
Gross Revenue:$1,261,000
FF&E:$200,000
Cash Flow:$198,000
Inventory:$20,000
Established Year:2005
BUSINESS DESCRIPTION

Absentee Pizza Restaurant - Profitable for Decades - Proven

Confidential Listing -- Proof of funds necessary for bank financing or half seller financing.
The Numbers are solid and real -- All buyers will receive redacted tax return when they have qualified. Non Disclosure and Confidentiality Agreement will be signed by all parties to the purchase.
This is an opportunity to own a Pizza Restaurant that can become a franchise fast. Takeout, Delivery and Dine - contribute to 1,261,029 Verified Tax Return Sales for 2023. Profit with Seller Add Backs attributes to just about 200,000. If you are more of a Hands on owner, you will reach Seller Discretionary Earnings of nearly $250,000. Expected profit forecasted for 2025 year with same sales is $240,000

Located in a plaza with a variety of shopping in the area with ample Parking.
Surrounding Town with population : Middletown 50k Norwich 36k Haddam 8,495
Popular Brand -- Original Recipes - Customer Satisfaction is superior here - Dining Room Remodeled.


DETAILED INFORMATION
Location
New London County, CT
Inventory
Not Included in asking price
Real Estate
Leased
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Pizza Ovens - Cooking Equipment - Slicers - Refrigeration -- counter equipment -- Dining Tables and Booths and Chairs
Competition
Best known brand in the area -- Little to no advertising -- if you want to increase Ad budget , you can increase sales
Growth & Expansion
Additional Advertising in mailers -- More Social Media
Financing
Half Seller Financing for Qualified Buyers with Experience -- a Team is a plus-- Or Q
Support & Training
1week 2 weeks, or as need up to a month
Reason for Selling
Retirement -- Its been a Successful Life owning this brand.
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Jennifer
Swerdlick
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Jennifer Swerdlick