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Turnkey Pizzeria + Real Estate | Old Lyme, CT. An exceptional opportunity to acquire a well-established, 45-year-old pizzeria with real estate included in the heart of Old Lyme. This successful, fully operational business has built a loyal customer base and a strong reputation for quality food and a welcoming, family-friendly atmosphere. The property features a well-maintained commercial kitchen with an efficient layout, ample prep space, and everything in place for a seamless transition to new ownership. The dining area supports both dine-in and takeout service, with additional upside potential through expanded delivery, catering, or extended operating hours. Ideally located in a charming shoreline community, the business benefits from steady year-round traffic, with a notable increase during peak tourism seasons. Excellent visibility, easy access, and a long-standing presence in the local market make this a standout offering. This opportunity is well-suited for an experienced operator or an entrepreneur seeking a proven, profitable concept with room to grow. The current owner is committed to a smooth transition and will provide training, hands-on support, and detailed SOPs. Opportunities to acquire both a thriving business and the underlying real estate in Old Lyme are rare.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
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For homebuyers and sellers, our Attorney Network:
$875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,975 | $4,310 | $5,907 |
| Total Monthly Payment | $4,067 | $4,402 | $5,999 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.