Pizzeria & Deli

| Asking Price: | $119,900 | Inventory: | $5,000 ** |
| Gross Revenue: | $286,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $61,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Est'd New Owner | |||
| Cash Flow Comments: Est'd Seller's Discretionary Earnings | |||
This Pizzeria also use to be a Deli & served breakfast. It had a big Lotto business too. The current Owners who commute everyday from the Waterbury area decided to do Pizza only.
Since buying the business at the end of 2007, business has been good but bringing back the Deli, Lotto and breakfast would change good to great!
The business sells 12 ($6.50) to x-Large 18 ($11.50) pies, foot long heros ($5.50 - $6.50), gourmet pizzas, calzones ($6.95), pasta (lunch $7.95 dinner $9.95) and stuffed breads ($7.50).
Long hours plus a long commute is the reason they want to sell.
The business is family run. It is in a 2,200 s.f. store at the intersection of 2 streets with parking on both sides of both streets. It was recently remodeled with a 20 counter in the Deli area and a 20 counter in Pizza area. Small bistro style eating area with 2 tables.
Has A/C, a 8 x 10 walk-in-cooler, 7 deli case, sandwich stations, 6 burner stove, 60qt Hobart Mixer & 2 pizza ovens +++.
Hours are 10 to 10 Monday thru Sunday. Rent for the new Owner will be $2,594/month gross plus utilities. 8 years remain in the lease (including the 5 year option).
New Owners estimated sales should be over $5,500/week. Net at this volume could be +/- $60,000. The new Owner would need to estimate their own volume based on how he/she plans to operate the business.
The 2,200 s.f. store is located on a main commuting street in a residential neighborhood with heavy going to work morning and coming home evening traffic. Within a 3 mile radius of the store the population is over 76,173 with more than 27,560 households. Medium income is over $68,456. There are over 4,365 businesses that have over 48,166 employees in this area not bad for a Pizzeria & Deli.
Since buying the business at the end of 2007, business has been good but bringing back the Deli, Lotto and breakfast would change good to great!
The business sells 12 ($6.50) to x-Large 18 ($11.50) pies, foot long heros ($5.50 - $6.50), gourmet pizzas, calzones ($6.95), pasta (lunch $7.95 dinner $9.95) and stuffed breads ($7.50).
Long hours plus a long commute is the reason they want to sell.
The business is family run. It is in a 2,200 s.f. store at the intersection of 2 streets with parking on both sides of both streets. It was recently remodeled with a 20 counter in the Deli area and a 20 counter in Pizza area. Small bistro style eating area with 2 tables.
Has A/C, a 8 x 10 walk-in-cooler, 7 deli case, sandwich stations, 6 burner stove, 60qt Hobart Mixer & 2 pizza ovens +++.
Hours are 10 to 10 Monday thru Sunday. Rent for the new Owner will be $2,594/month gross plus utilities. 8 years remain in the lease (including the 5 year option).
New Owners estimated sales should be over $5,500/week. Net at this volume could be +/- $60,000. The new Owner would need to estimate their own volume based on how he/she plans to operate the business.
The 2,200 s.f. store is located on a main commuting street in a residential neighborhood with heavy going to work morning and coming home evening traffic. Within a 3 mile radius of the store the population is over 76,173 with more than 27,560 households. Medium income is over $68,456. There are over 4,365 businesses that have over 48,166 employees in this area not bad for a Pizzeria & Deli.
About the Business
Year Established:2005
Employees:2 full time - 2 part time
About the Sale
Management Training and Support:Owner will train
Reason For Selling:Long hours plus a long commute is the reason they want to sell.
Seller Financing:If qualified, Owner will finance 505 of the asking Price
KEYWORDS: Pizzeria Deli
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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