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Pizzeria For Sale
Location: United States -> Florida -> Margate
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

The seller of this pizzeria for sale has been starting businesses like this for years. His business model is to find locations, build out stores, establish procedures and menus, open for business and then sell. He has duplicated this process more than 25 times. The listing price includes the name of the business and goodwill attached. The sales forecast for 2018 are $600,000 with seller's discretionary income in excess of $160,000. This is possible due to the rental rate of only $4,000 per month. That's right the rent is only 8 percent of gross sales. The current lease expires in 2022 and two (5) year options are attached.

The comfortable and attractive pizzeria for sale offered by the Restaurant Brokers is 2,933 square feet in size and seats 48 guests inside and 24 outside. The demographics of this area are excellent. The average daily traffic counts are in excess of 37,000 vehicles per day. The three mile radius population of this business is 175,000 with average annual household income levels at $65,000. That is a lot of people with discretionary income that you can feed.

The front of house in this pizzeria for sale seats 48 guests and features a game area that has ten arcade attractions. The pizzeria for sale also has karaoke speakers and programming! The servers have a dedicated service area and a POS system is in place. There is a separate pick-up area so your take-out and delivery service will not interfere with customers dining.

The fully equipped commercial kitchen in this pizzeria for sale has a 16 foot exhaust hood, grease trap, double stacked oven, six-eye burner with stove, convection oven, flattop, char broiler, walk-in cooler, commercial refrigeration and much more. The small wares package includes an 80 quart dough machine, espresso machine, and much more.You can call your Certified Restaurant Broker, Ken Eisenband, at 561-350-3365 for additional information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $600,000
Cash Flow:   $165,582
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2016
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train for one month at no additional cost
Reason For Selling:  Other

Photos

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Pizzeria For Sale Photo 1




Print Listing Id: 700288067
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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