Turn Key Italian Restaurant Pizzeria

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$250,000 $773,760

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turn Key Italian Restaurant Pizzeria Broker: Max Cresenzi
Owner Financing is Available!
Loan/Seller - Amount: $75,000; Months: 36; Rate: 6.00% Monthly Payment: $2,281.65.

Quick Facts

Asking Price: $250,000
Annual Revenue: $773,760
Net Profit: Not Disclosed
Cash Flow: $180,659
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 9
BBN Listing #: 3555630
Broker Reference #: 6401392865

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Business Overview:

Beautiful Italian Restaurant and Pizzeria located in western Palm Beach County with captive clientele, limited competition, and many new residential communities being built. A new hospital and 4,500 new homes currently being built nearby and behind the plaza. The Restaurant is currently averaging $15,000 a week in sales, in eat in & take out only, with no delivery. Spacious kitchen, dining room seats 75 plus a small bar. They serve delicious Italian classic dishes, authentic NY style pizza, and beer & wine. The rent amount is only $5,333 a month for 2,300 Square Feet, the lease expires in 2029 with 2 additional 5 year renewal options. This restaurant is turn-key move in ready with quality equipment and completely refurbished from ground up. Please refer to listing 6401392865. Business broker Max Crescenzi when you inquire about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $5,333; Square Footage: 2,300; Building Type: Plaza; Terms & Options: 2-5 year options; Expiration Date: 9/30/2029.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 3

Reason for Selling:

Seller has another business.

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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