Business For Sale

Italian Restaurant and Pizzeria

Satellite Beach, FL
Brevard County

Located on State Road, near Causeway


Asking Price: Annual Revenue:
$135,000 $437,789

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant and Pizzeria Broker: Suzanne J. Violet
Owner Financing is Available!
Seller will hold a note with $ 100,000 down payment.

Quick Facts

Asking Price: $135,000
Annual Revenue: $437,789
Net Profit: $70,937
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 14
BBN Listing #: 369143424
Broker Reference #: 18013

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Business Overview:

Well established, full size Italian Restaurant and Pizzeria. Has been completely remodeled several years ago. Owner just replaced all three Air Conditioners. Excellent location on major State Road near Causeway. Has built up excellent reputation and caters to local community. Turn key operation. 10 year lease in place. 2 COP license. Plenty of parking available. 50 seats, Very motivated seller who is ready to retire.

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Property Features and Assets:

2,954 square feet, rent $5,300 a month. Located in strip center. Lease expires in 2013 with option to renew for an other five years.

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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