Historic Italian Breakfast/Lunch + Mixed-Use Real Estate

Asking Price$899,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

InventoryNot Disclosed

FF&E$450,000
Included in asking price
Real Estate$750,000
Not included in asking price
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Historic Italian Breakfast/Lunch + Mixed-Use Real Estate


Asking Price$899,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

InventoryNot Disclosed

FF&E$450,000
Included in asking price
Real Estate$750,000
Not included in asking price

Seller Financing Available
Business Description
A rare chance to own a 45-year-old New Haven institution with property in a money-making location that has powered the business for 15 straight years. This beloved Italian-style breakfast & lunch deli serves generations of locals, workers, and travelers with daily specials, unforgettable classics, and a reputation that practically markets itself. Located right off I-95 and minutes from Tweed Airport, the site delivers nonstop visibility, easy access, and a loyal customer base that keeps the place booming Monday through Friday. With only five operating days (5:30 AM–2:00 PM), the upside is enormous—expand hours, add weekends, introduce early dinner service, and watch revenue explode. This is a turnkey mixed-use property + business acquisition with a newly renovated apartment, state-of-the-art kitchen, and decades of goodwill baked in. With massive upside potential, this history and the chance to own the property don’t come around often. CALL NOW!!!
About the Business
Years in Operation
54
Employees
6 Full-time
Facilities & Assets
2,200 iconic sq ft restaurant space / Would rent for $4,800/month on the open market / Newly renovated 1-bedroom apartment above (market rent $2,200/month) / $100,000 state-of-the-art hood system / Walk-in freezer + walk-in refrigerator / Efficient line, prep, and service layout
/Mixed-use structure
Market Outlook / Competition
CTDOT reports 6,600+ cars/day on this corridor / Dense residential population in the Annex/East Shore trade area / Strong daytime traffic from families, workers, and commuters / Solid median household income ideal for fast casual, takeout, and delivery / High delivery demand zone with strong ordering patterns / Minutes from Tweed Airport and I 95, boosting visibility and accessibility / Perfect for takeout, delivery, and catering to Quinnipiac University (approx. 12 minutes away)
Opportunities for Growth
Only open Monday–Friday, 5:30 AM–2:00 PM /Add Saturday & Sunday for instant revenue surge, add early dinner; massive untapped market / Expand catering to local businesses, airport traffic, and Quinnipiac / Add online ordering, delivery platforms, and weekend specials / Introduce grab and go, prepared foods, or retail Italian market items / Property ownership allows long term expansion, branding, and stability / Apartment income offsets operating costs and boosts ROI / Legacy brand can be modernized for explosive growth
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
After over 45 years in business, well-earned retirement
Transition Support
If Needed
Listing Info
ID
2549461
Listing Views
2

Listing ID: 2549461 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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