Pizzeria/Cocktail Bar in New London, CT for sale
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Opened in the spring of 2024, this restaurant/bar has built a loyal clientele with a sourdough pizza unique in this area. With 1,000 loyalty customers and 3,000 instagram followers, the business is laying down solid roots in New London. Owner’s family has relocated to Washington DC and the bar is available to be further developed.
About the Business
- Years in Operation
- 1
- Employees
- 9 (3 Full-time, 6 Part-time)
- Facilities & Assets
- *3,000 sq ft + full basement & small private parking lot
*Center partition with cocktail bar on one side and family pizzeria on other. Great for private parties.
*65 seats with room to add more.
*”Tuscany Fire” dome wood-fired oven imported from Italy
*New walk-in fridge (2025), pizza prep fridge (Turbo Air 2024) & back bar fridge (Beverage Air 2024)
*Ecolab Dishpit and ecolab under bar glass washer (leased)
*Two bars with custom draft beer system
*Currently open with all permits in place
*Favorable lease with 7 years remaining and two 5 year options - Website
- http://www.diamondnewlondon.com
- Market Outlook / Competition
- *3,000 instagram followers & 1,000 loyalty members
*2 blocks to Amtrak Station, Ferries to Orient Point, Block Island, & Fishers Island
*Short walk to The Garde Theater/Eastern CT Symphony Orchestra and the US Coast Guard Museum, currently under construction.
*Conn College, US Coast Guard Academy, and Mitchell College within 1-2 miles.
*400 new apartment units within 1 mile in the past 2 years
*200 additional apartment units coming online in the next 12-18 months
*Local economy is fueled by growth at Electric Boat and development of the State Pier. - Opportunities for Growth
- Basement has two means of egress. Private small parking lot could be converted to beer tent/beer garden.
About the Sale
- Seller Motivation
- Moving out of the area
- Transition Support
- Solid staff in place, all recipes included and ability to train new hires.
Listing Info
- ID
- 2435002
- Listing Views
Listing ID: 2435002 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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