Semi Absentee Pizzeria in Palm Beach County

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$195,000 $600,500

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Semi Absentee Pizzeria in Palm Beach County Broker: MAX CRESCENZI

Quick Facts

Asking Price: $195,000
Annual Revenue: $600,500
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 11
BBN Listing #: 3815630
Broker Reference #: 6401259381

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Business Overview:

This pizzeria rocks! Averages $11,000 a week in sales and has an exceptional rent of just $1,400 a month which includes water and garbage, unheard of these days! Semi absentee owner works only 3 days a week and takes about $2,500 a week in profit. Located in a densely populated area, delivery represents about 65%, take-out about 30%, and dine-in about 5%. Approximately 1,100 Square Feet, seats 14. Open daily for lunch and dinner 11 am to 10 pm. Three cooks are all crossed trained, one phone person, and five drivers. The pizzeria is set up nicely for high volume with two baker's pride ovens, a full kitchen, a walk-in cooler, and a spacious prep area. Please refer to listing number 6401259381, business broker Max Crescenzi when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $1,400; Square Footage: 1,100; Building Type: Strip Plaza; Terms & Options: 2-5 year options; Expiration Date: 4/30/2022.

Market Competition and Expansion:

Non Compete : Miles: 10 Years: 4

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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