Italian Restaurant with Three Locations

Jacksonville, FL
Duval County


Asking Price: Annual Revenue:
$895,000 $1,855,379

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant with Three Locations Broker: Victor Cirillo

Quick Facts

Asking Price: $895,000
Annual Revenue: $1,855,379
Net Profit: Not Disclosed
Cash Flow: $315,911
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 44
BBN Listing #: 441518747
Broker Reference #: 7101987998

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Business Overview:

3 PREMIUM locations with outstanding pizza, well known in the market and a tradition of quality and excellent reputation enables this once-in a lifetime opportunity to be sold. Excellent staff, with management in place, well known in the community and featured as one of the top pizza and Italian restaurants (3) in Jacksonville excellent records, qualified with only $200220 down and price includes $75K of working capital. Lowest SBA loan rate in years, 6% These stores are THE BEST OF THE BEST. Opportunity won't last. Please refer to listing number and advisor Vic Cirillo when inquiring on this listing.

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Property Features and Assets:

Type of Location Strip Center Facilities 3 Stores Monthly Rent $161,000.00 Square Units (Foot, Meter) 4,500 Lease Expiration Date November 30, 2021, 12:00:00 AM Terms Options 2X5

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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