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Italian Restaurant Established 30 Years For Sale

Saint Lucie County, Florida, US
Asking Price:
$300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$706,741
Cash Flow:
$169,568

ESTABLISHED 30 YEARS WITH THE SAME OWNER! This Italian restaurant and Pizzeria is well known in the community for offering great food at an affordable price. Located in a great plaza in a corner unit with great visibility on a busy intersection with 2200 sq ft at $6700 per month. This Restaurant has inside seating for 50 and offer delivery 7 days a week. They have always invested in updating their restaurant with the best ambiance and equipment. The seller is retiring and is willing to assist a buyer with his secrets in the trade. Don't Miss This Opportunity! This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact listing agent John Devries, Please refer to listing 7301870889.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 6,700 Square Footage: 2,200 Building Type: Commercial Plaza
Terms & Options: 5 YR OPTION Expiration Date: 9/1/2039

Premises Details:

Lease/Month: 6,700 Square Footage: 2,200 Building Type: Commercial Plaza
Terms & Options: 5 YR OPTION Expiration Date: 9/1/2039

Business Operation

Competition / Market:

Non Compete : Miles: 20 Years: 5

Reasons for selling:

Retiring

Trading hours:

M-THURS 11AM-8:30PM, F-SUN 11AM-9:30AM

Employees:
15
Years established:
30

Other Information

Support & training:

1 week training at no cost

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$500 - included in the asking price