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Listed by:

Transworld Business Advisors of West Florida

Forty Year Established Italian Restaurant And Pizzeria For Sale

Pinellas County, Florida, US
Asking Price:
$650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,606,651
Cash Flow:
$259,404

40+ year established Italian restaurant and pizzeria off a major road in St Pete. Semi-absentee run owner with great staff in place. Some staff have been there for over 15-20 years. Great location, great reviews, and great lease! Please refer to listing #3353-992967, Agent Dave DeCamella when inquiring about this listing. Thank you!

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration Date: June 30, 2023
Terms Options: 5 year option

Leasehold Rent:

$9,600 per annum

Location:

Type of Location: Strip Center

Size in square feet:
3,600

Business Operation

Competition / Market:

Non Compete: Miles: 12 Years: 5

Reasons for selling:

Moving

Trading hours:

11am-9pm M-Th, 11am-10pm Fri & Sat, 12-9pm Sun

Employees:
26
Years established:
1974

Other Information

Support & training:

Will train for 6 weeks @ no cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing Terms: $380,000 @ 7% for 120 months = $2,322.17 Per Month

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price

Contact Transworld Business Advisors of West Florida

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