Italian Restaurant for Sale in FL – Netted $151K

Pompano Beach, FL
Broward County


Asking Price: Annual Revenue:
$99,000 $480,202

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant for Sale in FL – Netted $151K Broker: Ken Eisenband

Quick Facts

Asking Price: $99,000
Annual Revenue: $480,202
Net Profit: Not Disclosed
Cash Flow: $91,136
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 7
BBN Listing #: 89398096
Broker Reference #: 9160

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Business Overview:

Certificate of Occupancy is in place! Come with your own concept and be open quickly! This Austin, Texas Restaurant for Sale is ready to go and Priced to Sell! A space in this part of town doesn't come along very often. With this fully built out location you can change to any concept very fast. The certificate of occupancy transfers with all the assets in this 2nd Generation Austin, Texas Restaurant for Sale by the Restaurant Brokers. Located just east of Interstate 35 in the historic Austin downtown district, this spot is perfect for anyone looking for a restaurant in a high density area. There is a large amount of disposable income in the surrounding community, with residential apartments and condos directly above the store. This is also a walking community, so you can market directly to the people strolling by on the large sidewalk out front. There is also a small patio for your patrons to enjoy eating outdoors. The build-out is almost brand new, and cost over $400,000, just 2.5 years ago. This restaurant has a full commercial kitchen, including a six foot hood and a grease trap. Fortunately for you, this listing brings to market a fully built out and permitted location at a very substantial savings. Contact We Sell Restaurants Restaurant Brokers today to find out more on this Austin, Texas Restaurant for Sale! It takes months, very often over a year, before a new restaurant opens. Avoid spending the next year of your life with the headache of architects, builders, inspections, permitting, and the seemingly endless list of decisions and expenses that come with doing a new restaurant build-out in Austin. Convert this Texas Restaurant for Sale and spend the next year building your business instead! And keep the very substantial funds saved from the build-out to help your bottom line in those first crucial months after opening. This is an excellent location, and with some cosmetic changes, your own restaurant could be open and operating here quickly. Save the time, energy, and considerable expense of doing a new build-out from scratch! This Texas Restaurant for Sale won't last long!

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Property Features and Assets:

13 Tables 52 Seats 3 Barstools 2 Utility Carts 2 Tray Jacks Sandwich Board Neon Open Sign China Cabinet POS Leased Espresso Machine 12 Security Camera System Glass Washer Three Door Boy Cooler Television Pizza Cooler 3 Door Prep Tables 4 Pasta Cooker Eight Eye Burner with oven Char Broiler Fryer Sandwich Cooler Single Door Cooler Slicer 60 Quart Dough Mixer Speed Rack Two Door Standup Freezer Dish machine Lease Kitchen and mixer Three compartment sink Assorted pots pans and utensils ice machine SS Shelving Walkin Cooler Food Processor Toaster Oven Double Equipment Stand Single door stand up freezer microwave

Market Competition and Expansion:

Florida population continues to explode. This restaurant continues to show positive sales growth over previous year.

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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