Treasure Coast Italian Pizza Restaurant

FL

Treasure Coast Italian Pizza Restaurant
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Asking Price: $1,200,000

Cash Flow: $340,891

Gross Revenue: $977,656

EBITDA: N/A

FF&E: $150,000

Inventory: $5,000

Established: 1992

Treasure Coast Italian Pizza Restaurant

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Business Description

27 years at the same location with loyal clientele. Using only the finest ingredients available, this is the most desirable Italian Pizza Restaurant on the Treasure Coast. Full kitchen with walk-in and hood system and a separate Expo Pizza area. They say there is a lot of dough in pizza, and this place certainly shows that. Approximately $375,000 just in assets and leasehold improvements. Great website and social media presence. Only qualified buyers please, seller requests a personal financial statement and buyer profile before disclosing any information, and then proof of funds before any offer would be considered. A confidential business summary will be available after the NDA and other documents are provided to seller. Don't miss out on this one. Owner benefit of $28,800 is for personal health insurance. Lender Pre-Qualified.

Detailed Information

Inventory:
Included in asking price
Employees:
12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: $5,050. Square Footage: 2,100. Building Type: Strip Plaza. Terms & Options: One 5 year option. Expiration Date: 3/31/2021. Leasehold: $225,000
Financing:
SBA Loan: $960,000. Mos: 120. Rate: 8.25%. Mo Pmt: $11,774.6
Support & Training:
Seller will train buyer for two weeks at no cost to buyer
Reason for Selling:
Retirement
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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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