Italian Deli & Pizza Restaurant

Fort Myers Beach, FL
Lee County

Island Strip Mall


Asking Price: Annual Revenue:
$400,000 $596,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Deli & Pizza Restaurant Broker: Michael Pfeffer
License #: SL3130675
Owner Financing is Available!
Some owner financing for qualified buyer.

Quick Facts

Asking Price: $400,000
Annual Revenue: $596,000
Net Profit: $42,360
Cash Flow: $128,254
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 23
Employees: 4
BBN Listing #: 271556894
Broker Reference #: 12460

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Business Overview:

Italian Deli & Pizza located in a busy plaza across from the beach. Successful fifty-year operating history. Current (third) owner has operated for twenty-three years. Great family business - owner will train and share proprietary recipes. Breakfast, lunch and dinner - pastries, pizza, deli sandwiches, entrees, beer & wine, soup & salad. Surrounded by vacation rentals and condos. Owner to prove earnings. 2020 revenue over $485,000. Only moderately affected by covid-19 due to no-touch take-out window and free delivery. Revenue for the trailing-twelve months through May are 35% above 2020 at nearly $600,000. Demand has been extraordinary post Covid.

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Property Features and Assets:

Located on the main thoroughfare through the island.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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