Italian Restaurant for Sale in Broward County

Lauderdale By The Sea, FL
Broward County


Asking Price: Annual Revenue:
$299,000 $383,834

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant for Sale in Broward County Broker: Ken Eisenband

Quick Facts

Asking Price: $299,000
Annual Revenue: $383,834
Net Profit: Not Disclosed
Cash Flow: $125,064
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 50498096
Broker Reference #: 9394

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Business Overview:

Florida Pizza and Italian Restaurant for Sale has it all – Great LOCATION, Attractive LEASE, and Steady PROFITS. Looking for a restaurant near the beach in Florida, give me a call today.

Located near the beach, this Restaurant for Sale attracts locals and tourists. The main industry in town is tourism. The area is littered with many hotels and motels. With a coral reef just 100 yards offshore the area is very popular with scuba divers. The locals and tourists will keep the restaurant busy throughout the year. The restaurant is operated by a Husband-and-Wife team. The husband is a chef and runs the kitchen. The wife runs the front of house. In 2021 the operating team netted $125,000 in profits. 2022 is proving to return about the same. This is a great opportunity for a husband-and-wife team to continue with the current operation or an owner looking to expand hours, employ a larger staff, and begin to deliver to the locals and hotels in the area.

The operations sales, and profits can be expanded in a variety of ways. The restaurant offers no delivery options. All revenue is derived from eat-in and pick-up. Increase sales and profits by introducing delivery options. Staff your own delivery drivers or utilize third party delivery services. In addition, the owners of this Restaurant for Sale have opted to enjoy the Florida lifestyle by only being open for dinner six nights per week. We Sell Restaurants Brokers believes the location can easily support lunch business.

The ten-year-old restaurant is beautiful. The square footage of the facility is 1,550 inside and the patio is approximately 400 square feet. Forty guests can dine inside and another 16 on the patio. The restaurant sits on a road that leads directly to the beach. The restaurant has excellent visibility from the road. The air conditioner is just a few years old, all equipment has been meticulously maintained, and parking will never be an issue. The current lease on this Restaurant for Sale expires on July 31, 2024 and there is a five-year option attached. Monthly rent for all of this is only $4,200 including all CAMS and taxes.

The fully equipped commercial kitchen of this Restaurant for Sale features and 14-foot exhaust hood, inground grease trap, and all the equipment you will need. There is a double stacked pizza oven, ten eye burner with two stoves, and a fryer. Included in the sale is the dough mixer, pasta maker, refrigeration, dish machine and so much more.

The menu features fresh pasta and pizza The menu and all recipes will transfer with sale and the seller of this Restaurant for Sale will remain for two weeks at no additional cost.

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Property Features and Assets:

ten tables bench seating televisions 29 chairs 16 outdoor chairs wine cooler 4 outdoor tables 2 refrigerated display case two door stand up cooler POS System freezer chest small wine cooler residential cooler slicer scale espresso machine dough mixer 2 fresh pasta maker three door low boy cooler prep table dish machine three compartment sink ten eye burner with two stoves fryer double stacked pizza oven three drawer pizza cooler microwave utility cart

Reason for Selling:

Personal

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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