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#Business ID: 11160

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Italian Restaurant/Pizzeria Orlando

Business Location: Orlando, Florida, United States

Asking Price: $ 550,000 Revenue: $ 1,160,000 Cash Flow: $ 252,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This establishment is a must see! Located in East Orlando, this Pizzeria has a excellent reputation for excellent service and quality of food. Monthly gross sales average $96,000,
totaling $1.16 million a year. With a monthly net profit of approximately $21K which is $252,000 per year. This owner works 40-50 hours a week. Currently there is no liquor being sold, only beer and wine. There is a very nice patio that is not being utilized at all. This unit easily seats 150, which includes the patio seating. This warm family friendly atmosphere has many loyal residents from the nearby communities. Delivery is being conducted but there is no current advertising like many other locations must do to get the business. This location was rated one of the top 5 pizza locations in Orlando. Rent is $6,950 a month with a five year option. Please do not disturb this tenant.

This unit is approximately 2,800 SF. There is a nice patio area that is not being utilized and a well constructed bar. Both tables and booths accommodate guests with a friendly family atmosphere. Rent is $6,950 with great options.

Property Details

Size:

2,800 SF

Years Established:

2001

Property Type:

Lease

FF&E:

$ 90,000

Inventory Value:

$ 5,000

Other Business Details

Competition:

This is one of the only Italian restaurants that has not only sustained the market over the past several years but has actually grown. This location has a very strong anchor and strong local customer base.

Expansion Potential:

Currently there is little to no marketing, especially for delivery. Adding liquor would natural increase sales. Currently only beer and wine is available.

Business Operation Details

Employees:

11

Support & Training:

It is very important to seller that there is a smooth transition so seller will train for as long as needed.

Miscellaneous Details

Financing Available:

Yes
Seller will finance for a well qualified buyer with significant cash down.

Reason For Selling:

Seller would like to move out of state for family.

Contact this seller

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