DownTown Hollywood Italian Restaurant

Hollywood, FL (Broward County)

DownTown Hollywood Italian Restaurant

Asking Price:$525,000

Cash Flow:$360,000

Gross Revenue:$1,800,000





DownTown Hollywood Italian Restaurant

Get Financing Save Print Share Valuation Report

Business Description

DownTown Hollywood Italian Restaurant

This opportunity is a Italian Restaurant in business with over 20 years in the same location.There is a liquor license 4COP/SRX in place with 200 seating capacity. The lease is a 10 year NNN lease paying $ 25.00 per Sq. Ft. per year (6,400 sq. ft.) with a 5% increase yearly and it will be a new lease for the new operator with option to sign for another 5 years at market rate. This current location is doing around $ 1,800,000.00 in gross sales serving lunch, dinners, and catering. The cash flow is 20% of gross sales The owners are willing to stay behind for a period of 30 to 60 days to train new operators. This is a confidential sale and we are willing to provide further information as request by signing a Non-Disclosure agreement.

Detailed Information


Listing Statistics for Premium Members

Ad#:1293123 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Roland Ruiz PA

Business Listed By:
Roland Ruiz PA

Century21 King Realty

Show Phone Number

View My Listings

Sponsoring Broker:
Century 21 King Realty

Find out more...

Get more details about this business.

Similar Listings

Reis and Irvy's

Franchise Opportunity
Capital Required: $140,000