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Award-Winning Beautiful Italian/Pizza Restaurant

Broward County, Florida

Asking Price: Gross: Cash Flow:
$275,000 $791,028 $156,717

Furniture and Fixtures Value:
$40,000 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Business Summary:
This award winning beautifully built out pizza/Italian restaurant is the standard against which all other similar sized pizza eateries are measured! Owner is semi-absentee (works 2 days/week) with full staff & management in place. Perfect north Broward high traffic crossroad location in a major retail plaza. Built for high volume business with an extensive kitchen build out and dining room seating for 48. Full dinner menu, salads, wraps, wings, hot and cold heros and, many say, the best pizza for miles around. Dine in 1/3, take out 1/3, delivery 1/3. No Covid slowdown, financials have been adjusted to reflect FT working Buyer. Year over year sales growth but nowhere near the potential of what this great restaurant should be doing with a new full time owner, expanded business hours, some focused marketing and catering sales. This is the pizza restaurant you have been looking for-contact Broker to see it before you “settle” on another restaurant. Please refer to listing #0101958340 & ask for Randy Bring when inquiring.

 
   
   
Year Business was Established: 2014
   
Number of Employees: 1MGR/2FT/8PT  
   
Facilities / Terms of Lease: 1600 SF restaurant/kitchen in Class A building @ $5864/mo.  
   
Potential Growth/Expansion: Unllimited  
   
Competition: Unknown  
   
Owner willing to finance: $50K @ 6% for 24 mos= $2,216/mo.  
   
Owner willing to train: Seller will train for 2 weeks  
   
Reason for selling: Slow down to focus on family & other business holdings  
 

 

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