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Listed by:

Restaurant Equipment Paradise Inc

Busy Profitable Pizza Restaurant At Intersection For Sale

Windham County, Connecticut, US
Asking Price:
$299,999 Furniture / Fixtures included
Sales Revenue:
$970,000
Cash Flow:
Undisclosed

Busy Profitable Pizza Restaurant at Intersection

Pizza Restaurant Newly Built in 2017 add Beer/Wine

This popular restaurant opened in 2017 and has been busy 8 years will one million average sales per year. Fully Remodeled in 2017 with new equipment. The location has high traffic; the plaza is at a traffic light. High volume anchor store in the plaza brings walking traffic as well. Lots of Shopping in the area and College Campus Close by. Easy Access to the Highway. Ample Parking in the Lot. Stellar Lease with 2,000 Square Feet, 12 years left on Under Market Assignable Lease. Low Rent to Sales Ratio. Tenant pays 8.9% of building expenses, lease base rent $3,000 monthly until 2027, then increase CPI adjusted. Security Deposit is $2500. CAM: is calculated by HVAC costs, Water/Sewer, , Grounds Keeping, Snow Removal, RE Taxes portion, Property Insurance, Operating expenses. Tenant pay directly: utilities, trash, personal property taxes.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration:
4/30/2037

Location:

Windham County, CT

Premises Details:

HOOD, Walkin, Refrigeration, Bain Maries/Pizza Preps, Sneeze Guards, Dishwasher, Ice Jockies, Ice Machine, Keggerator, Sinks, Stove, Grills, Dining Furniture, Open AIr Merchandiser, Glass Door merchandiser, Shelving, Wall Shelves, Stainless Tables, Counter Equipment.

Size in square feet:
2,000

Business Operation

Expansion Potential:

Better website development and social media program can expand business Add more Catering Add Beer and Wine License to achieve more dine in business and beer/wine sales High volume pizza restaurant -- Add Specials for Dinner Service. Flyer the Community

Competition / Market:

The area has other pizza restaurant -- this one is considered superior The name is identified in many different counties. The convenience of being in the middle of a shopping intersection is key to success as well as superior recipes.

Employees:
9
Years established:
8 Years

Other Information

Support & training:

1 week to 1 month

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$7,500