Established Italian Restaurant & Pizzeria with Full Liquor License
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Lido’s Restaurant & Pizzeria | Turnkey Restaurant & Real Estate Opportunity
Located at 75 Pomeroy Ave in Meriden, Connecticut, this well-established and highly recognized restaurant and pizzeria presents an outstanding opportunity for an owner-operator, family business, or expanding hospitality group.
Operating successfully for approximately 30 years, Lido’s has built a loyal customer base and strong community presence while generating reported approximately $1.3 million in annual sales.
The business operates from a spacious approximately 3,864 SF facility featuring indoor seating, outdoor brick papered seating for 20, a full-service kitchen, full liquor license, and two parking lots totaling approximately 62 parking spaces. The layout supports dine-in, takeout, catering, and delivery operations.
Business Asking Price: $395,500
Real Estate Asking Price: $1,095,000
FF&E: Approx. $129,500 Included
Inventory: Approx. $18,500 (Wholesale Value)
Reported Sales: Approx. $1.3 Million Reported.
Net Operating Income: Approx. $100,000
Rent: $7,300 Monthly Modified NNN
Property Taxes: Approx. $19,554.
Square Footage: Approx. 3,864 SF
Years in Business: Approx. 30 Years
Operating successfully for approximately 30 years, Lido’s has built a loyal customer base and strong community presence while generating reported approximately $1.3 million in annual sales.
The business operates from a spacious approximately 3,864 SF facility featuring indoor seating, outdoor brick papered seating for 20, a full-service kitchen, full liquor license, and two parking lots totaling approximately 62 parking spaces. The layout supports dine-in, takeout, catering, and delivery operations.
Business Asking Price: $395,500
Real Estate Asking Price: $1,095,000
FF&E: Approx. $129,500 Included
Inventory: Approx. $18,500 (Wholesale Value)
Reported Sales: Approx. $1.3 Million Reported.
Net Operating Income: Approx. $100,000
Rent: $7,300 Monthly Modified NNN
Property Taxes: Approx. $19,554.
Square Footage: Approx. 3,864 SF
Years in Business: Approx. 30 Years
About the Business
- Years in Operation
- 32
- Employees
- 7 (5 Full-time, 2 Part-time)
- Facilities & Assets
- Lido’s Restaurant & Pizzeria operates from an approximately 3,864 SF fully equipped restaurant facility located on a high-visibility corner location in Meriden. The business features a spacious dining area, full commercial kitchen, pizza ovens, prep stations, walk-in refrigeration, storage areas, POS systems, and a full liquor license. Two parking lots provide approximately 62 parking spaces for customers and staff. FF&E with an estimated value of approximately $129,500 is included in the asking price. The layout supports dine-in, takeout, delivery, catering, and private events. Real estate available for lease.
- Market Outlook / Competition
- Lido’s has operated successfully for approximately 30 years and has built a loyal customer base throughout the surrounding Central Connecticut market. The restaurant benefits from strong repeat business, local recognition, and consistent demand for pizza, Italian cuisine, dine-in service, catering, and takeout. Its established reputation, full liquor license, ample parking, and long-standing community presence provide a competitive advantage over newer operators. The location offers strong accessibility and visibility with surrounding residential neighborhoods, businesses, and commuter traffic supporting year-round activity.
- Opportunities for Growth
- Significant growth opportunities exist through expanded catering, online ordering, third-party delivery platforms, social media marketing, private events, and extended operating hours. A new owner could further increase revenue by enhancing bar sales, modernizing branding, introducing entertainment or specialty nights, and expanding digital advertising efforts. Additional upside may exist through increased lunch traffic, corporate catering, and operational efficiencies.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,864
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Ownership is willing to provide training and transition support to ensure a smooth transfer of operations. Training will include daily operations, vendor relationships, food preparation systems, staffing procedures, POS systems, and customer service processes. Existing staff may be willing to remain with the business, providing continuity for a new owner. This opportunity is ideal for both experienced operators and qualified first-time restaurant owners seeking a turnkey operation with an established reputation.
- Financing Options
- Owner financing negotiable.
Listing Info
- ID
- 2504134
- Listing Views
- 22
Attached DocumentsAttachment Disclaimer
Listing ID: 2504134 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. See our full Terms of Use. Learn how to avoid scams.
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