Newly Remodeled Italian Restaurant and Pizzeria

Not Disclosed, FL
St. Lucie County


Asking Price: Annual Revenue:
$275,000 $602,592

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Newly Remodeled Italian Restaurant and Pizzeria Broker: John Devries
Owner Financing is Available!
Loan/Seller - Amount: $150,000 Months: 60 Rate: 8.00% Monthly Payment: $3,041.46

Quick Facts

Asking Price: $275,000
Annual Revenue: $602,592
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $159,809
Real Estate: Not Disclosed
Year Established: 2018
Employees: 11
BBN Listing #: 1821630
Broker Reference #: 7301598195

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Business Overview:

Established Italian Restaurant and Pizzeria, Well known in the community for offering the Best, Quality food at an affordable price. The seller has 30 years of restaurant experience with original recipes that keep their customers coming back. This 2,500 square feet restaurant underwent a complete remodel 2 years ago and it shows in the sales. Revenue has increased over 25% from last year and they continue to increase sales every month. Seller is relocating and this is the only reason for the sale. Possible seller financing is available to a qualified buyer. Don't Miss This Opportunity! Please refer to listing 7301598195, business broker John Devries when you inquiry about this listing.

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Property Features and Assets:

Lease/Month: $3,500; Square Footage: 2,500; Building Type: Plaza; Terms & Options: 3 year option; Expiration Date: 4/1/2022.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 2

Reason for Selling:

Relocating

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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