Italian Pizza Restaurant NE of Orlando

Volusia County, FL

POS system
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Asking Price: Get Financing: $215,000

Cash Flow: $165,000

Gross Revenue: $570,000

EBITDA: N/A

FF&E: $65,000

Inventory: $6,000

Lease Rate: N/A /SF

Established: 2015

Italian Pizza Restaurant NE of Orlando

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Business Description

Pizzeria and Italian Restaurant

This good sized Pizza and Italian restaurant is located in a busy area only 30 minutes NE of Orlando. The sales are averaging $48,000 - $50,000 per month plus catering. The profit margin is high with this type of food. Although the restaurant specializes in NY style pizza they also sell wings, Baked Ziti, Chicken Parmigiana, Lasagna, subs, salads, Calzone, Stromboli, and more. The price includes all of the equipment and set up expense. Plenty of potential to cater to special events, add full liquor, and advertise more ( there is a zero advertising done since opening ). Parking for over 30 cars . There are major golf communities with hundreds of homes in the immediate area. The low rent is a bonus and this will make a great family business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Long lease , rent is only $2,819 plus taxes . Landlord takes care of the outside , including roof . All restaurant and kitchen equipment is included in the price. Seats 128 customers. 2,200 s/f. including in the rent is also next door 600 s/f office where are security cameras , storage room and room for relaxing
Competition:
Hours of operation are 11:00 am - 9:30 pm
Growth & Expansion:
There is a separate area ( office 600 s/f ) that you can earn $700 per month or more in sub-rental income. Currently offers beer and wine but you can add full liquor. Currently offers some catering but you can do more with some promotion.
Financing:
Seller might finance with $120,000 down
Support & Training:
The seller will train you for at least 2-3 weeks at no cost and if more needed with agreement
Reason for Selling:
Owner lives over an hour away and has other business
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Business Listed By:
Eddie Pentza

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