Turnkey & Profitable Pizza Restaurant – Prime Location!
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TURNKEY & PROFITABLE PIZZA RESTAURANT – PRIME LOCATION!
Established in 1990, this thriving pizza restaurant represents an exceptional opportunity in Norwich, CT's competitive dining market. With over three decades of operation, this cash-flowing business has built a loyal customer base and demonstrates consistent profitability.
FINANCIAL PERFORMANCE:
• Annual Revenue: $1,021,000 ~ 2026 projection
• Cash Flow (SDE): $190,000
• Strong profit margins with steady growth trajectory
• Inventory Value: $7,500
BUSINESS HIGHLIGHTS:
• Turnkey operation with experienced manager in place
• Easy-to-run business model with established systems
• Excellent curb appeal and prime location visibility
• Minimal competition with strong customer loyalty
• Steady customer growth over the past three years
LOCATION & LEASE TERMS:
• 1,600 sq ft restaurant space
• Lease rate: $2,400/month
• Long-term lease security through December 31, 2038
• Strategic location in New London County
GROWTH OPPORTUNITIES:
• Immediate $600K annual revenue potential by reintroducing breakfast service
• Pre-COVID breakfast operations were highly successful
• No competing breakfast establishments in immediate area
• High customer demand for breakfast offerings
• Potential to immediately increase total revenue to $1.6M+ annually
• Cash flow could exceed $300K with breakfast addition
• Hundreds of new apartment units under construction nearby
INCLUDED ASSETS:
• FF&E valued at $150,000
• Established recipes and operational procedures
• Trained management team
SUPPORT & FINANCING:
• Two weeks comprehensive training provided
• Seller financing available up to 30% for qualified buyers
• Owner selling due to other business opportunities
This profitable, well-established restaurant offers an ideal combination of current cash flow and significant expansion potential, making it perfect for an owner-operator or investment opportunity.
Established in 1990, this thriving pizza restaurant represents an exceptional opportunity in Norwich, CT's competitive dining market. With over three decades of operation, this cash-flowing business has built a loyal customer base and demonstrates consistent profitability.
FINANCIAL PERFORMANCE:
• Annual Revenue: $1,021,000 ~ 2026 projection
• Cash Flow (SDE): $190,000
• Strong profit margins with steady growth trajectory
• Inventory Value: $7,500
BUSINESS HIGHLIGHTS:
• Turnkey operation with experienced manager in place
• Easy-to-run business model with established systems
• Excellent curb appeal and prime location visibility
• Minimal competition with strong customer loyalty
• Steady customer growth over the past three years
LOCATION & LEASE TERMS:
• 1,600 sq ft restaurant space
• Lease rate: $2,400/month
• Long-term lease security through December 31, 2038
• Strategic location in New London County
GROWTH OPPORTUNITIES:
• Immediate $600K annual revenue potential by reintroducing breakfast service
• Pre-COVID breakfast operations were highly successful
• No competing breakfast establishments in immediate area
• High customer demand for breakfast offerings
• Potential to immediately increase total revenue to $1.6M+ annually
• Cash flow could exceed $300K with breakfast addition
• Hundreds of new apartment units under construction nearby
INCLUDED ASSETS:
• FF&E valued at $150,000
• Established recipes and operational procedures
• Trained management team
SUPPORT & FINANCING:
• Two weeks comprehensive training provided
• Seller financing available up to 30% for qualified buyers
• Owner selling due to other business opportunities
This profitable, well-established restaurant offers an ideal combination of current cash flow and significant expansion potential, making it perfect for an owner-operator or investment opportunity.
About the Business
- Years in Operation
- 36
- Employees
- 12 (5 Full-time, 7 Part-time)
- Facilities & Assets
- The restaurant presents well with a nice curb appeal. The bathrooms are very clean. The kitchen area has all the amenities needed to run a busy operation.
- Market Outlook / Competition
- Competition is minimal, and the restaurant is loved by its customers.
Also, within the last 3 years, there's been a steady growth in the number of customers. - Opportunities for Growth
- An immediate $600k/year growth potential can be realized by adding breakfast. This is because pre-Covid, the restaurant used to offer breakfast and was very busy doing so. There are no restaurants in the immediate area that offer breakfast currently and customers keep asking about when it will be brought back.
Adding breakfast would increase revenues to more than $1.6 Million/year and potentially bring the cash flow to more than $300k/year.
Also, there are hundreds of apartments that are being built near the restaurant, some of which are almost finished.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $2,400.00 per month
- Lease Expiration
- 12/31/2038
About the Sale
- Seller Motivation
- Other business opportunities
- Transition Support
- 2 weeks of free training, or until the new owner is comfortable with all aspects of management.
- Financing Options
- Up to 30% for qualified buyers
Listing Info
- ID
- 2170459
- Listing Views
- 14
Listing ID: 2170459 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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