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St. Simons Isl Italian Restaurant & Pizzeria-Financing-Well EST.
$189,000Seller Financing
St. Simons Isl Italian Restaurant & Pizzeria-Financing-Well EST.

Saint Simons Island, GA

St. Simons Island GA Italian Restaurant & Pizzeria for Sale – Owner Financing – Keep as is or Convert – Well Established. Plenty Of Parking, Good Visibility, And Signage. Minutes Off FJ Torres Causeway And Minutes From St Simons Lighthouse Village And Shopping. Airport, And Relaxing Family Oriented Beaches. A Few Miles From Sea Island, Jekyll Island, Brunswick Shopping, Sams Club And Minutes From Restaurant Depot And Costco In Jacksonville FL. 3,200 SF. Restaurant Is Full Service With Lease In Place. Business Is Liquor Licensed With Full Operating Wine Bar. Bar Seating 32 – 34 People, Dining Area Seating 46, Pizza Area Seating 14 Restaurant Seats Up To 94 People. Building Owner/Landlord Is Very Fair, Keeps Up Building Facade With Yearly Paint and Power Washing and Landscaping. Restaurant Operates 6 Days a Week Monday – Saturday 5 Pm to 10 Pm. Offering Dine-In, Take-Out, And The Island Offers A Delivery Service, Making This Service Cost Effective. Expenses Per Average Monthly: Rent: $3,800 Electric: $1,100 Gas: $289 Tele/Int/TV: $249 Water: $135 Payroll: $1,200 Licenses: $180 Liquor: $320 Insurance: $520 Repairs/Main: $30 Supplies/Paper: $10 Linens: $250 Exterminator: $95 Lease Equip.: $85 Merchant Fees: $600-$700 Advertise: $50 Total Monthly Expenses: $8,913 Yearly Expenses: $106,956 Payroll Period 1st and 15th of Every Month to Keep Payroll Taxes Down and to Split the Monthly Costs. Average Payroll Taxes are $300-$341 Per Payroll Period Totaling $600 to $700 Per-Month Payroll Taxes As Of December 2017. Sales Tax Monthly Range From $700 to $800 Per-Month For St Simons Island Ga, As Of December 2017.

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