Italian Restaurant & Pizzeria - Strong SDE

Oviedo, FL
Seminole County

Asking Price: Annual Revenue:
$975,000 $1,293,576

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Italian Restaurant & Pizzeria - Strong SDE Broker: Tony Blair

Quick Facts

Asking Price: $975,000
Annual Revenue: $1,293,576
Net Profit: Not Disclosed
Cash Flow: $380,837
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 18
BBN Listing #: 258235435
Broker Reference #: 4110-00196

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Business Overview:

Family owned and operated Italian Restaurant & Pizzeria serving the heart of Oviedo for 35 years! Customers enjoy the recently expanded blueprint of 4000 sf that includes a new bar offering beer and wine, a rustic Italian dining area and the large covered patio seating that is now available. This business also offers delivery and catering. They are a smoothly run operation with experienced staff in place, in-line COGs and a long term lease in place for continued success. Strong reputation as a local favorite with 4.4 Rating on Google composed of 329 reviews and 5/5 Stars on Facebook from 31 Reviews.
This is an SBA lender pre qualified business with solid tax returns and organized, clean books.

Financing Terms:
Purchase Price: $975,000 | Down Payment: $105,000 | Working Capital: $25,000 | Loan Fees: $25,000 | Closing Costs: $20,000 | Loan/Other: $940,000 | Mos: 120 | Rate: 5.75% | Mo Pmt: $10,318.31

BBF 4110-00196

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Reason for Selling:

Other Business Interest.

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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