Busy Established Pizza Restaurant

Not Disclosed, FL
St. Lucie County


Asking Price: Annual Revenue:
$450,000 $898,800

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Busy Established Pizza Restaurant Broker: Bob Leone

Quick Facts

Asking Price: $450,000
Annual Revenue: $898,800
Net Profit: Not Disclosed
Cash Flow: $268,440
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 15
BBN Listing #: 159311185
Broker Reference #: 170-08404

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Business Overview:

Under valued lease @$1.92 square feet. Set behind the main road by two out parcels. This place does 70-80% take-out and delivery. Might say PIZZA but that only accounts for 14% of the sales. Cold & Hot Subs, Wings, Gyro, Salads, Cheese Steak, Calzone, Stromboli. All this in 1,150 square feet with seating for 42. Real money maker, run like your typical pizza shop. Owner keeps very detailed records to show exactly what comes in. 50% CASH, 50% credit card. Situated in a very blue collar neighborhood. Tax returns available during due diligence.

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Property Features and Assets:

Inventory: $4,000 (included in the asking price). Lease/Month: $2,216. Square Footage: 1,150. Building Type: Strip Plaza. Terms & Options: 5 with a 5 year option. Expiration Date: 10/31/2023. Leasehold: $50,000.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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