Italian Restaurant and Pizzeria

Rockledge, FL
Brevard County

On major road near Interstate


Asking Price: Annual Revenue:
$350,000 $705,800

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant and Pizzeria Broker: Suzanne J. Violet
Owner Financing is Available!
With $125,000 down payment seller will hold a note.

Quick Facts

Asking Price: $350,000
Annual Revenue: $705,800
Net Profit: $166,182
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 16
BBN Listing #: 971743424
Broker Reference #: 20005

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Business Overview:

Well established (26 years) ITALIAN RESTAURANT AND PIZZERIA located on major road near Interstate 95 in a strip center with plenty of parking spaces available. Experienced staff in place. 130 Seats. 4 COP/SRX Liquor license included as well as a vehicle. Neighborhood is booming with new housing constructions and businesses. This Pizzeria / Italian Restaurant does very, very well. It has for years an excellent reputation. Seller is motivate and ready to retire.

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Property Features and Assets:

Located on major road near Interstate 95 in a small strip center. 3,321 square feet. Monthly rent $ 4,500. 5 year lease with option to renew.

Market Competition and Expansion:

NO direct competition near by.

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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