Popular Pizzeria & Italian Restaurant

Not Disclosed, FL
Broward County

Northwest Broward County

Asking Price: Annual Revenue:
$350,000 $558,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Pizzeria & Italian Restaurant Broker: Bob Leone
Owner Financing is Available!
Seller Financing: $200,000. Mos: 60. Rate: 8%. Mo Pmt: $4,055.28

Quick Facts

Asking Price: $350,000
Annual Revenue: $558,000
Net Profit: Not Disclosed
Cash Flow: $168,900
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1959
Employees: 13
BBN Listing #: 946011185
Broker Reference #: 170-08389

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Business Overview:

Remember Mario the Baker, well this is in that bloodline. Brand new everything, no skimping done on this build out. Recipes that have been around for decades. This is a franchise but can be bought and change the branding and name. Out of the shoot doing $50,000 per month and growing. Owner has small children and wants to spend more time at home. Great reviews, great food & service. On busy main artery in Broward, great neighborhood. Truly turnkey, all personnel in place. Owner is not main Pizza person. Financing amortized over 60 months; balloon due at the end of 36 months.

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Property Features and Assets:

Inventory: $3,000 (included in the asking price). Lease/Month: $4,050. Square Footage: 2,163. Building Type: Strip Plaza. Terms & Options: 2-5yr options. Expiration Date: 3/31/2029. Leasehold: $250,000

Reason for Selling:

Owner has other interest

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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