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Established Landmark Italian Restaurant And Pizzeria In Jupiter For Sale

Jupiter, Florida
  • $350,000
  • (Furniture / Fixtures included)

Sales revenue:
$622,338
Cash flow:
$159,427
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Landmark Pizzeria & Italian Restaurant with a tremendous following. Located in a Premier Plaza near the beach. Seats 110 plus 15 at the bar, serving beer & wine. Key staff has been in place for over 15 yrs. Open 7 days a week from 3:00pm to 10:00pm. Serving some of the best italian food and pizza around for the past 55 years. A great way to increase revenue is to begin a delivery service, which in the 55 years in business, has never implemented.



Real Estate:
Lease
Leasehold rent:
$73,200 per annum
Leasehold rent:
$24 per sq ft per annum
Size in square feet:
3,000

Reasons for selling:
Partners have different interest
Trading hours:
Mon - Sun 3 - 10pm
Employees:
9
Years established:
1957
Support & training:
2 weeks at no cost
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Only $300k down, balance at 7% for 36 months
Furniture / Fixtures value:
$175,000 (included in the asking price)
Inventory / Stock value:
$5,000


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