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Huge Money Making Pizzeria & Income Producing Building
Location: United States -> Connecticut -> Hartford
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Hurry This Will Go Fast! Huge Money Maker - Business and Real Estate Included - Rental Income will just about cover the P&I on the property that includes a 5 family house and pizza shop for sale and the $200K that the pizza shop nets each year is a Bonus!Price Includes: 5 family rental property (approx 5,400 sq ft - 1,800 sq feet per floor) in very good condition that is fully rented and generating $3,250 per in income. A 3 car garage that can be rented separately but currently vacant and parking for approximately 20 cars. Also included is a free standing pizza takeout building (approx. 1,600 sq ft) generating over $200k in net income. Owner will consider some financing.

FACILITIES / TERMS of LEASE:
2 Free Standing Buildings with Property Located in a Busy Shopping Center on a highly traveled road. Several Schools close by.

Clean 7,000 square feet.
5 family rental property (approx 5,400 sq ft - 1,800 sq feet per floor) in very good condition that is fully rented and generating $3,250 per in income. A 3 car garage that can be rented separately but currently vacant and parking for approximately 20 cars. Also included is a free standing pizza takeout building (approx. 1,600 sq ft)

MARKET SHARE:
Rental Income will just about cover the P&I on the property that includes a 5 family house and pizza shop and the $200K that the pizza shop nets each year is a Bonus!

A 3 car garage that can be rented separately but currently vacant and parking for approximately 20 cars

GROWTH POTENTIAL:
Limitless and Outstanding opportunities for growth!

This Opportunity Has Tremendous Upside by Adding a Website to Take Orders, Additional Advertising and Marketing With Incentives Can Take This To The Next Level.

ASKING: $500,000 (includes Real Estate Valued at $350,000). Seller Will Hold Note for Business & Property - $300,000 for 24 months at 12%.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $468,000
Cash Flow:   $205,200
Cash Flow Type:  EBITDA
Inventory:  $45,000
Seller Financing:  Yes

About The Business

Year Established:  1990
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks training at no cost.
Reason For Selling:  Owner has other business interests.




Print Listing Id: 700139686
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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