Pizza & Italian Restaurant

Not Disclosed, FL
Martin County


Asking Price: Annual Revenue:
$170,000 $342,360

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizza & Italian Restaurant Broker: Dale Armor
Owner Financing is Available!
Seller Loan: $40,000. Mos: 36. Rate: 8%. Mo Pmt: $1,253.45

Quick Facts

Asking Price: $170,000
Annual Revenue: $342,360
Net Profit: Not Disclosed
Cash Flow: $187,920
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 484811185
Broker Reference #: 170-08387

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Business Overview:

It's nice to be the ONLY game in town, and that's what this Pizza/Italian Restaurant has captured. The location was previously same concept for over 20 years, but owner's health closed him down. Then this distinguished name in the Pizza industry on the Treasure Coast made the move. Main thoroughfare with 1,000s of cars a day passing by, and they know to stop here for the best Italian cuisine for miles. Only 25 minutes from downtown Stuart and 35 from PSL. This is a dream come true for a husband and wife team that really wants to work and make some dough! Sales numbers taken from POS system.

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Property Features and Assets:

Inventory: $2,000 (included in the asking price). Lease/Month: $3,500. Square Footage: 1,700. Building Type: Strip Plaza. Terms & Options: 5 with 5 year option. Expiration Date: 9/30/2022. Leasehold: $15,000

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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