Busy Profitable Pizza Restaurant At Intersection
Busy Profitable Pizza Restaurant at Intersection Pizza Restaurant Newly Built in 2017 add Beer/Wine This popular restaurant opened in 2017 and has been busy 8 years will one million average sales per year. Fully Remodeled in 2017 with new equipment. The location has high traffic; the plaza is at a traffic light. High volume anchor store in the plaza brings walking traffic as well. Lots of Shopping in the area and College Campus Close by. Easy Access to the Highway. Ample Parking in the Lot. Stellar Lease with 2,000 Square Feet, 12 years left on Under Market Assignable Lease. Low Rent to Sales Ratio. Tenant pays 8.9% of building expenses, lease base rent $3,000 monthly until 2027, then increase CPI adjusted. Security Deposit is $2500. CAM: is calculated by HVAC costs, Water/Sewer, , Grounds Keeping, Snow Removal, RE Taxes portion, Property Insurance, Operating expenses. Tenant pay directly: utilities, trash, personal property taxes.
Location
Windham County, CT
Employees
9
Lease Terms
Lease Expiration: 4/30/2037
Real Estate
Lease
Premises Details
HOOD, Walkin, Refrigeration, Bain Maries/Pizza Preps, Sneeze Guards, Dishwasher, Ice Jockies, Ice Machine, Keggerator, Sinks, Stove, Grills, Dining Furniture, Open AIr Merchandiser, Glass Door merchandiser, Shelving, Wall Shelves, Stainless Tables, Counter Equipment.
Years Established
8 Years
Support & Training
1 week to 1 month
Expansion Potential
Better website development and social media program can expand business Add more Catering Add Beer and Wine License to achieve more dine in business and beer/wine sales High volume pizza restaurant -- Add Specials for Dinner Service. Flyer the Community
Size In Square Feet
2,000
Competition / Market
The area has other pizza restaurant -- this one is considered superior The name is identified in many different counties. The convenience of being in the middle of a shopping intersection is key to success as well as superior recipes.
Inventory / Stock Value
$7,500
Financials
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