Popular Pizzeria & Italian Restaurant

Broward County, FL

Seller Financing Available
Popular Pizzeria & Italian Restaurant
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Asking Price: $350,000

Cash Flow: $168,900

Gross Revenue: $558,000

EBITDA: N/A

FF&E: $100,000

Inventory: $3,000

Established: 1959

Popular Pizzeria & Italian Restaurant

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Business Description

Remember Mario the Baker, well this is in that bloodline. Brand new everything, no skimping done on this build out. Northwest Broward County location. Recipes that have been around for decades. This is a franchise but can be bought and change the branding and name. Out of the shoot doing $50K per month and growing. Owner has small children and wants to spend more time at home. Great reviews, great food & service. On busy main artery in Broward, great neighborhood. Truly turnkey, all personnel in place. Owner is not main Pizza person. Financing amortized over 60 months; balloon due at the end of 36 months.

Detailed Information

Location:
Broward County, FL
Inventory:
Included in asking price
Employees:
5FT / 8PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: $4,050. Square Footage: 2,163. Building Type: Strip Plaza. Terms & Options: 2-5yr options. Expiration Date: 3/31/2029. Leasehold: $250,000
Financing:
Seller Financing: $200,000. Mos: 60. Rate: 8%. Mo Pmt: $4,055.28
Support & Training:
Seller will train buyer for two weeks at no cost to buyer
Reason for Selling:
Owner has other interest
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Contact the Seller

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Bob Leone

Business Listed By:
Bob Leone

Acquisition Experts, LLC

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Sponsoring Broker:
Dale Armor

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