Italian Restaurant & Pizzeria

Satellite Beach, FL (Brevard County)

Seller Financing Available
Italian Restaurant & Pizzeria
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Asking Price: Get Financing: $135,000

Cash Flow: $70,937

Gross Revenue: $437,789


FF&E: $60,000

Inventory: $3,000

Lease Rate: $5,300 /SF/Month

Established: 2013

Italian Restaurant & Pizzeria

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Business Description

Well established, full size Italian Restaurant and Pizzeria. Has been completely remodeled several years ago. Owner just replaced all three Air Conditioners. Excellent location on major State Road near Causeway. Has built up excellent reputation and caters to local community. Turn key operation. 10 year lease in place. 2 COP license. Plenty of parking available. 50 seats, Very motivated seller who is ready to retire.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
5 FT 9 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Located in strip center. Monthly rent $ 5300 for 2954 square feet.
Seller will hold a note with $ 100,000 down payment.
Support & Training:
Seller will train 4 weeks at no cost.
Reason for Selling:
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(from currently available funds)
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Suzanne J. Violet

Business Listed By:
Suzanne J. Violet

S.Violet International Business Brokers

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