Pizzeria for Sale in Ft Lauderdale Nets 6 Figures

Fort Lauderdale, FL
Broward County


Asking Price: Annual Revenue:
$299,000 $537,801

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizzeria for Sale in Ft Lauderdale Nets 6 Figures Broker: Ken Eisenband

Quick Facts

Asking Price: $299,000
Annual Revenue: $537,801
Net Profit: Not Disclosed
Cash Flow: $117,395
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 6
BBN Listing #: 99558096
Broker Reference #: 8172

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Business Overview:

Buy the Broward County, Florida Pizzeria for Sale? and you will be rolling in the dough. Owner has consistently netted six figures in the ten-year old pizzeria with a great location in downtown Fort Lauderdale.

The Pizzeria for Sale has been operated under continuous ownership since 2010. Net sales in 2019 were 714,970. Net sales in 2020 were affected by Covid 19 and were 527,801. Sellers discretionary earnings in 2019 were $141,240 and in 2020 they were $117,348. The net earnings were adjusted to show the earnings for one owner operator. The restaurant is open six days per week and closed on Sunday. This insures that a new owner will achieve a quality of life.

The restaurant offered by We Sell Restaurants is located in the very popular downtown Fort Lauderdale area. Surrounded by office buildings and luxury condominiums you will never be in search for customers. Growth is non-stop and new residences are constantly being constructed in the area. Thousands of people work and live in the area. The strip center that is home to this pizzeria has other restaurants, retail, and service providers. More that 100,000 vehicles pass the corner on a daily basis. The restaurant is housed in 1,200 square feet. Has seating for 27 guests inside and another 24 outside. The monthly rent of $7,510 includes all Cam and Taxes. Parking will never be a problem as the strip center has ample parking for all of its tenants. This Pizzeria for Sale is also in walking distance to the office buildings housing thousands of employees.

The fully equipped kitchen has it all. A pizza venting hood sits over the double stacked Baker’s Pride pizza oven. An eighteen-foot exhaust hood sits over a four-eye burner with oven, six-eye burner with oven, three fryers, and a three-hotel pan steam table. There is a walk-in cooler, walk-in freezer, ice machine, and other commercial grade refrigeration. All equipment has been excellently maintained and is in perfect condition. The Pizzeria for Sale 's front of house features a digital menu board and display cases. The front of house is decorated nicely and has comfortable seating inside and outside. For your protection there is a security camera system.

The restaurant sales are comprised of dine-in, pick-up, and delivery. All delivery orders are handled in house and no third-party sites are utilized for ordering. Fifty percent of the business in dine in and the remainder is pick up or delivery. The menu is comprised of pizza, calzones, wings, paninis, hot and cold subs, salads, and your favorite Italian pasta and baked dishes. Pizza makes up close to sixty percent of the sales in the restaurant. All recipes were developed by the owner who has a culinary degree. Menu and recipes will transfer with the sale of this Pizzeria for Sale and the owner will remain for two weeks at no cost to assist the new ownership.

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Property Features and Assets:

6 bar stools 25 chairs 7 tables grab and go cooler double stacked bakers pride pizza oven two screen digital menu board television kitchen aid mixer two terminal POS system 3 highchairs ladder 3 fryers steamer - three hotel pans four eye burner with stove six eye burner with stove single door sandwich cooler 2 prep table pizza cooler display case 2 low boy coolers printer eight camera security system stand up cooler three compartment sink 60 quart hobart mixer slicer ss shelving walk in cooler walk in freezer ice machine 6 outdoor tables 24 outdoor chairs panini press

Market Competition and Expansion:

New residences are being constructed in the downtown area, Florida is experiencing growth in population and Fort Lauderdale is a popular destination for new many of these new residents.

Reason for Selling:

Relocation

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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