JUST REDUCED - Restaurant / Pizzeria - E-2 Visa Opportunity

Boca Raton, FL (Palm Beach County)

Reception and Cashier
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Asking Price: $65,000

Cash Flow: $36,000

Gross Revenue: $204,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Rent: $2 /Month

Established: 2016

JUST REDUCED - Restaurant / Pizzeria - E-2 Visa Opportunity

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Business Description

American-Argentinean Pizzeria & Restaurant

MOTIVATED SELLER /
Fully operational Restaurant in Boca Raton with new and established clientele /
Located in one of the busiest roads in West Boca in an attractive shopping area (that will undergo renovation under landlord expenses) /
Pizza is the main offer in two different and distinct varieties: traditional American pizza and unique and special Argentinean-style pizza (thicker and more crispy) /
The inclusion of traditional Argentinean recipes, like Empanadas and Milanesas, has expanded and diversified the client base. Making the Restaurant more appealing to a broader audience and at the same time increasing the returning number of clients and thus increasing fidelity of the client base /
The Restaurant also offers a variety of dishes that have strong acceptation. Those dishes, some of them very lucrative, help in attracting new clients, and also assures that existing clients will always find alternatives, in case they want to explore other dishes /
The introduction of Empanadas and other Finger-food has increased traffic and also expanded the delivery options /

Detailed Information

Location:
Boca Raton, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
3
Facilities:
Complete and totally equipped industrial kitchen / The Restaurant was recently renewed and the decoration updated. / All chairs were replaced / Two gas-operated ovens, one Walk-in Cooler, three Fridges, two bain-maries, one dough-blender, one slicer, one display-fridge, espresso machine / 10 Tables (2 outside) and 30 chairs
Competition:
There is no direct competitor, with a similar product mix in a circle of 10 miles / The only restaurants that could in direct competition with the Restaurant are places the offer almost only pizzas and eventually Italian-style Restaurants that offer some dishes of the menu, like pastas / All of those Restaurants cannot be considered direct-competitors
Growth & Expansion:
Recommended consolidation of business and clientele, before expanding / Existing facilities (kitchen and dining space) are suitable for increasing the number of servings and clients (could be doubled) / Real data shows that consistent Marketing Campaign does increase servings and clients in a regular way / Delivery is working very well, and can be expanded in a lucrative way
Financing:
Owners don't offer financing
Support & Training:
Owner will provide extensive training, passing all operational information, including all successful recipes. Owner will also provide in-job training for 1 week / Longer extension of training can be arranged
Reason for Selling:
Current owners prefer to follow different career path, aligned w. college degree
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Business Listed By:
Thomas Bauch

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