Italian family affordable restaurant and pizza take-out

Stuart, FL (Martin County)

Italian family affordable restaurant and pizza take-out

Asking Price:$375,000

Cash Flow:$100,000

Gross Revenue:$950,000

EBITDA:N/A

FF&E:$100,000

Inventory:$25,000*

Established:2012

*not included in asking price.

Italian family affordable restaurant and pizza take-out

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Business Description

Italian restaurant that has it all: family friendly, reasonably priced, pizza to go,
comfortable full service bar with outside seating and friendly courteous staff.

Detailed Information

Inventory:
Not included in asking price
Employees:
Six full 10 part
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4100 ft.² restaurant 200 approximate seats. Modern well-equipped, with pizza take-out attached in separated space that is included in the total square footage and outdoor seating for both dining area and pizza. The furniture and equipment is in good shape. The lease is $6600 a month all inclusive with two years left on the existing lease and a five-year option available. Cozy well stocked full liquor bar with additional high-top tables seating of approximately 30.
Competition:
In a nice hi volume shopping center with strong anchors., local retail and varied ethnic eateries generating high traffic.
Growth & Expansion:
Pizza sales could be expanded considerably. Restaurant growing at the rate of approximately hundred thousand dollars a year in gross sales.
Financing:
Some possible
Support & Training:
Owner will stay on for a reasonable amount of time to train the new owner.
Reason for Selling:
Would prefer running a smaller restaurant near his home
Business Website:
http://None

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Howard Foster

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Howard Foster

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