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Pizza Take Out & Delivery Price Reduced

Shelton, Connecticut
Price Reduced...This 575 s.f. Pizza Take Out & Delivery business has more room than what you think. It has a regular pizza oven and a belt driven oven that can cook a pie in 8 minutes. It is located in a mixed residential and commercial neighborhood on a main road off Route 8 in Shelton, CT. Great location for picking up a pie or wedge and bringing it home. Even better location for doing a big lunch trade. There are more people working within 2 miles of this store than people living there! The business offers free delivery in the area.

Sells 4 sizes of pan pizza (10, 14, 16 & 18 inch - $6.25, $9.25, $10.25 & $13.50). Also has specialty pies, hot oven grinders, wraps, calzones, stuffed breads, entrees and family dinners. Business also does catering.

Owner purchased business last January (2009). Must sell because he needs surgery and won’t be on his feet for quite some time. Pizza business been here over 30 years.

Hours of operation are Monday thru Thursday 11:00 to 8:00, Friday & Saturday 11:00 to 9:00 and closed on Sunday. A typical Owner would need a driver, cook and some part timers. Sales for this business is estimated to be +/- $4,500 per week. Owner’s Cash Flow from this volume level would is estimated over $68,000 depending on expense control and revenue attainment etc.

The Pizza Store is located in a 575 s.f. store in a shopping center on a main road in Shelton, CT. There are 4 years remaining in the current term of the lease. Rent is $1,450 including all the nets (garbage & grease removal included in rent). There is a 5 year option to renew with the rent to be negotiated.

As previously stated there are a lot of employees working in the offices and commercial spaces in a 2 miles radius of this business (+/- 17,000 employees) – no matter how you look at this – it means big time lunch potential. The present Owner knows this but hasn’t really gone after this business but intends too. His first priority was to get the pizza take out business up and running – he’s done that – now he looking at the lunch business – so should you!!!

Financials

Price: $89,900
Gross Income: $234,000
Cash Flow: $63,000
FFE: $0
Inventory: $1,700
Real Estate Value: $0

About the Business

Office Reference ID: #273
Year Established: 1979
Financing: If qualified, Owner will finance with 50% down over 2 years @ 7.5% interest.
Training: Owner will train
Facilities:
Competition:
Growth:
Business Listed By
Name: C. J. (Charlie) Vlahos
Company: Blanket Real Estate
Phone: 203 746 7272

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Business Listings by: C. J. (Charlie) Vlahos

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