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The Wall Street Journal Online

Pizza/Sand/Artisan Bakery - Lease To Own!

St Petersburg/Kenneth Cty, Florida (Pinellas County)

Seller Financing Available

Photo Available
Asking Price:
$10,000
Gross Income:
N/A
Cash Flow:
N/A
FF&E:
$42,000.00 *
Inventory:
$900.00 *
Real Estate:
N/A
Year Established:
2012
Employees:
0
Business Types:
Restaurants
Other Eating & Drinking Places

* included in the asking price

Business Description

Great location with enormous potential! No pizza or sandwich place in this area! Low start up cost and limited risk as you do not have to pay up front for all equip, construction and licensing. Fully equipped for pizza, sandwiches and artisan bread baking and ready to go - just make your food purchases, advertise and you're in business! current food permit in place good through December 31, 2013.

1st year = 10k (principal) down then $1375 monthly (unit + equipment rental)
2nd year = 5k principal payment & $1375 monthly (unit + equipment rental)
3rd year = 5k principal payment & $1375 monthly (unit + equipment rental)
4th year = 5k principal payment & $1375 monthly (unit + equipment rental)
5th year = 5k principal payment & $1375 monthly (unit + equipment rental)

After 5th year it's all yours or payoff early to save rental charges. Value of equipment is over 35K including a steam injected 4 deck oven imported new from Italy that I purchased for the artisan bread which also makes fabulous pizza and construction costs of $5,500. Not to mention all the time and aggravation you save because all this is done = great deal! Location is 5512 58th St. N. in the All Star Plaza - call 727-686-6699 for an appointment to see it. Thanks!

Detailed Information

Facilities:
Located in strip plaza - 960 square feet - plenty of parking
Competition:
No pizza / sandwich business nearby
Growth/Expansion:
Currently take out only but can be made for sit down also - adjacent unit available
Financing:
seller financing
Reason Selling:
Long story - happy to explain
Contact Seller

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Ad#: 732431

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