Pizzeria Nets $135,000

Seller Financing Available

Super opportunity to own this highly successful pizzeria business with a gross income of $652,000, in a wonderful area of Connecticut, North Branford, New Haven County. The owner is now retiring from this industry and the 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 2023 yearly gross income as represented by the owner is estimated at $852,940 and the business has a yearly net income of approximately $135,000 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The 2024 income is expected to be greater than the previous year and formal due diligence is recommended by the broker. The 2023 yearly gross income as represented by the owner is estimated at $852,940 and the business has a yearly net income of approximately $150,000 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The 2024 income is expected to be greater than the previous year and formal due diligence is recommended by the broker.