Profitable / Landmark Pizzeria
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $600000
Net Profit / Cash Flow $116874
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 10 - 19
Inventory 32500
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Negotiable.
Reason for Sale Looking for larger restaurant.
Description Profitable/Landmark Pizzeria for Sale. Established since 92 with Sales of $500k & an owner benefit of $100k. Seating for 62 inside & 32 outside on their new patio. Downtown Davie district where all the action is. Conveniently located near NOVA University & BCC. 50,000 students within miles of restaurant. New parking lot in the rear with 50 spaces. Full Italian menu. Voted #1 on Urban spoon. Full kitchen with hood. Lowest rent in Broward county $1908/mth. Lease extends to 2031. Ask for video tour.
Reason for Sale : Looking for bigger restaurant
General Location : Davie
Organization Type : Corp 'Sub S' Hours Owner Works: 50
Years Established : 25 Years Owned: 4 Emp FT: 2 Emp PT: 8 Mgrs: 0
Non Compete : Miles: 5 Years: 5 Weeks Training: 3 Cost: $0
Operating dys/hrs : Monday-Thursday 11-10 Friday-Saturday 11-11
Skills/Licenses : Pizza / Italian food Exp
Lease/Month: 1908 Square Footage: 1800 Building Type: Storefront
Terms & Options: 3- five year options Expiration Date: 10/31/2016
Asking price: $249,000 Gross Revenues: $600,000 Net Profits: $116,874
You will be required to provide verification of your ability to purchase this business.
You will be required to sign a Confidentiality Agreement prior to receiving additional information regarding this business.
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