Danbury, CT 06810MLS Number 170418345

  • Price: $299,900
$/month over payments
Federal 30-year interest rate: 3.45% last updated on Jan 13, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Danbury CT 06810Danbury CT 06810Danbury CT 06810Danbury CT 06810Danbury CT 06810Danbury CT 06810Danbury CT 06810Danbury CT 06810
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    This Pizza restaurant has been here for over 50 years. The current Owner over 12 years. He has another restaurant in another town, a food truck, and a painting business. He finally realizes he is overextended and needs to cut back - hence the sale of this small Pizza restaurant. It is located in a shopping center with 43 stores surrounded by 4 other shopping centers with +/- 87 stores. Busy location - yes! The traffic count is over thirty thousand cars per day passing in front of these shopping centers. This is a quaint traditional pizza restaurant with 2 Blodgett ovens. In 2019 at the International Pizza Expo in Las Vegas, the owner was ranked as the premier figure in pizza making, (#2 in the northeast and #13 worldwide). The restaurant is 1,100 s.f. It has 38 seats with16 tables. Serves wine & beer and has a raised area in the front of the dining room used for comics, karaoke, and 3 person bands etc. Sales for 2017 thru 2020 have averaged $636,933 per year ($12,249 per week). At this volume, the Owner's Cash flow would be estimated at +/- $113,000. New Owner sales (after the co-vid pandemic is under control) are being projected at $884,000 ($17,000 per week). At this volume, with the increases in costs, the Owner's Cash Flow is estimated at +/- $135,000. After an offer has been accepted, the Buyer will have up to 3 weeks to check the restaurant's sales and operations in the restaurant which would include computer POS checking too.
    Listed by Charlie Vlahos of Blanket Real Estate

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    Basic Information

    • Broker NameBlanket Real Estate
    • List Price$299,900
    • MLS Number170418345
    • Property TypeBusiness For Sale
    • StatusACT
    • TownDanbury
    • Virtual TourView Tour
    • Gross annual income$650,000
    • Also for leaseNo
    • MLS StatusActive


    • Bank owned propertyNo

    Basic Information

    • Agent IDB6782


    • AtticNo
    • Garage Spaces
    • Garage Parking InfoPaved, Unassigned Parking, Off Street Parking
    • Additional space availableNo


    • Seating capcity32


    • Heat SystemHot Air
    • Heating FuelElectric, Other
    • Utilities availableElectric, Telephone
    • Water sourcePublic Water Connected
    • Cooling SystemCentral Air
    • Septic approvalNo
    • Septic plan availableNo
    • Sewage systemPublic Sewer Connected


    • CountyFairfield
    • LocationHighway Access, Strip Mall
    • StateCT
    • Zip06810


    • Parking Spaces100
    • Parking spaces covered
    • Parking spaces uncovered
    • Parking spaces per 1000sqft
    • FloodzoneNo
    • Business namePizza Restaurant
    • Employees number of8
    • Road Frontage DescriptionState Road
    • SwimmingpoolNo


    • Documents AvailableOther
    • Lease purchaseNo
    • Purchase optionNo
    • Inventory includedNo
    • Inventory value estimated$13,000
    • Net operating income120000
    • Space is leasedNo
    • Present usePizza Restaurant
    • View Count2
    Sotheby's International Realty | William Pitt
    Sotheby's International Realty | William Pitt
    Office: 203-796-7700
    112 Federal Road
    Danbury, CT 06811

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