Presented byCurt Henderson |
Busy busy busy!!! Very well established Torrington, CT restaurant for sale! Business AND real estate are included! Strong delivery, take out, and dine in business. The building is on a busy road with plenty of parking, this establishment has a stellar reputation and has been active for over 40 years serving pizza, American and Italian cuisine. Furniture, fixtures and equipment are included as well as the rights to the name, number, website, recipes etc. Ownership will stay on in a part time basis for up to two weeks to help train the new owner or owners if desired. Inventory is also included in the sale. Consistent revenue! Actual books. Real money! Specific information, including financials and showings, shall be made available after a confidentiality agreement is in place which shall be strictly adhered to. Expenses are estimated at: 1200/wk payroll, food cost 1500/week, soda 250/week, electric 450/month, gas 500/month, water 87/month, phones 320/month, trash 150/month, insurance 2750/year, license 400/year, taxes plus sewer 5600/year.
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$335,000
Sales Associate
William Raveis Real Estate
Phone: 860.655.7590
Curt.Henderson@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $346 | $346 | $346 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,783 | $1,781 | $2,298 |
Total Monthly Payment | $2,204 | $2,202 | $2,719 |
* 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.