Slice of Paradise Pizza

Summerland Key, FL (Monroe County)

Slice of Paradise Pizza

Asking Price:$625,000

Cash Flow:$303,734

Gross Revenue:$474,600

EBITDA:$115,000

FF&E:$25,000

Inventory:$10,000*

Real Estate:$650,000

Established:2006

*not included in asking price.

Slice of Paradise Pizza

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Business Description

Price reduced! Commercial waterfront pizza and subs delivery business and real estate offered for sale as a package. Built in 1995, the property is in outstanding condition with ample parking serving an underserved Lower Keys delivery market. A fresh approach and expanded menu would deliver upside potential to a market that has limited, if any, delivery food service from Key West, Big Pine or Marathon. Building could also be delivered free of a leasehold for an office or retail need and comes with ample parking
and grandfathered US Highway 1 signage. Compared to the recent restaurant sales in the area, this property is a solid investment or perfect for the user that wants to build equity instead of leasing space. Seller is motivated, bring offer!

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The property is in outstanding condition with ample parking serving an underserved Lower Keys delivery market. A fresh approach and expanded menu would deliver upside potential to a market that has limited, if any, delivery food service from Key West, Big Pine or Marathon. Building could also be delivered free of a leasehold for an office or retail need and comes with ample parking and grandfathered US Highway 1 signage. Compared to the recent restaurant sales in the area, this property is a solid investment or perfect for the user that wants to build equity instead of leasing space.
Competition:
This is the only pizza business on Summerland Key.
Growth & Expansion:
Location is suitable for expansion of existing restaurant or other retail use such as boat related business as it has approx. 100 ft. of seawall. Excellent opportunity!
Financing:
Possible to qualified Buyer
Support & Training:
Owner will stay to train up to two weeks.
Reason for Selling:
Illness in family, Seller is MOTIVATED

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Team Gardner/Langley

Business Listed By:
Team Gardner/Langley

Berkshire Hathaway HomeServices Knight and Gardner Realty

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