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100-seat Italian Restaurant & Pizzeria For Sale

St. Lucie County, Florida, US
Asking Price:
$600,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,482,617
Cash Flow:
$350,000

The owner of this 100-seat Italian restaurant and pizzeria is ready to move on to other ventures. Ideally located in a hard to replicate PUBLIX plaza with lease and options totalling more than 18 years remaining. This iconic restaurant has been a money maker from the day it opened 30 years ago. Full menu (pizza, entrees, wings, soups, salads and hot & cold heroes) is supported with a world class kitchen and an extensive equipment list designed for volume. Handpicked, amazing staff run the operation as well as the very busy take our and delivery side of this business for the ABSENTEE owner. Long lease with option of 17+ years. Corporate owned and managed, a full time hands-on owner could increase revenues, decrease expenses and significantly improve the bottom line. Some seller financing possible for a qualified buyer!

Property Information

Real Estate:

Lease

Lease Terms:

3028 SF inline store @ $5,700/mo.

Location:

Florida

Premises Details:

3028 SF inline store

Business Operation

Expansion Potential:

Unlimited

Competition / Market:

Unknown

Reasons for selling:

Corporate divestiture

Trading hours:

M-SAT; 11A-9P, SUN; 12P-9P

Employees:
13
Years established:
30

Other Information

Support & training:

Seller will train for 2 weeks

Furniture / Fixtures value:
$80,000 - included in the asking price
Inventory / Stock value:
$8,000 - included in the asking price