Established Shoreline Pizzeria Business for Sale – Teddy’s Old Lyme Pi
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Established Shoreline Pizzeria Business for Sale – Teddy’s Old Lyme Pi
Offered for acquisition is Teddy’s Old Lyme Pizza Palace, a well-known, community-rooted pizzeria operating successfully for 45 years in the shoreline town of Old Lyme, Connecticut. The business benefits from strong local loyalty, a proven operating model, and seasonal beach-driven demand. The sale includes core equipment and infrastructure required for immediate operation, presenting an excellent opportunity for an owner-operator or restaurateur seeking a stable, turnkey business with upside through expanded hours, menu enhancements, or service optimization.
About the Business
- Facilities & Assets
- • ~2,200 SF pizzeria on main level
• ~1,700 SF, 4-bedroom apartment upstairs (owner-operator or rental income)
• Approx. 80-seat dining room
• Approx. 25 parking spaces
• Takeout & delivery-friendly layout
KEY UPSIDE
• Beer & wine permit in place
• Potential to pursue expanded alcohol service (subject to approvals)
• High barriers to town approval entry limit new competition - Market Outlook / Competition
- Teddy’s Old Lyme Pizza Palace occupies a defensive market position in a town where competition is naturally limited and customer loyalty is deeply ingrained. The combination of location, longevity, and supply constraints creates a favorable environment for continued stable operation with clear, controllable upside for a new owner.
- Opportunities for Growth
- BUSINESS & EQUIPMENT
Turn-key operation conveyed with core infrastructure and equipment, including pizza ovens, stoves, hood and fire suppression system, walk-in cooler, freezers, slicers, prep equipment, and more. Ideal for immediate operation, concept refresh, or menu expansion.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,200
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- One Month of Hands on Training.
- Financing Options
- Negotiable with financially qualified buyer.
Listing Info
- ID
- 2460338
- Listing Views
- 6
Attached DocumentsAttachment Disclaimer
Listing ID: 2460338 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.
Businesses for SaleConnecticut Businesses for SaleConnecticut Food & Beverage Businesses for SaleConnecticut Restaurants Businesses for Sale
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