Italian Pizza Restaurant

Not Disclosed, FL
St. Lucie County


Asking Price: Annual Revenue:
$750,000 $783,015

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Pizza Restaurant Broker: Bob Leone

Quick Facts

Asking Price: $750,000
Annual Revenue: $783,015
Net Profit: Not Disclosed
Cash Flow: $277,241
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 8
BBN Listing #: 20911185
Broker Reference #: 170-08379

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Business Overview:

Just in time to capture the 2021-22 season. 29 years in the same location with a very loyal clientele. Using only the finest ingredients available, this is the most desirable Italian Pizza Restaurant on the Treasure Coast. Full kitchen with walk-in and hood system and a separate Expo Pizza area. Approximately $375,000 just in assets and leasehold improvements. Currently serving dinner only 6 nights a week. (Pre-Covid was open 7 nights and 5 lunches, leaving a huge growth opportunity right away for a new owner.) Only qualified buyers please, seller requests a personal financial statement and buyer profile before disclosing any information. A confidential business summary will be available after the NDA and other documents are provided to seller. Don't miss out on this one.

The name alone is worth most of the asking price. Seller just wants to retire and enjoy his family, and would like his legacy continued with the right buyer.

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Property Features and Assets:

Inventory: $5,000. Lease/Month: $5,050. Square Footage: 2,100. Building Type: Strip Plaza. Terms & Options: One 5 year option. Expiration Date: 12/31/2021. Other Financing: $600,000. Mos: 120. Rate: 5.75%. Mo Pmt: $6,586.15

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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