General Business Information
Listing ID:
4110-00390
Listing Type:
Exclusive Right of Sale
Price:
$215,000
Down Payment:
$215,000
Category:
Restaurants
Subcategory:
Italian Restaurant
County:
Orange
State/Prov:
Florida
Country:
United States
Sales:
$410,552
SDE:
$123,149
Description of Business
Located in the heart of East Orange County, right by the nation's largest university, this pizzeria caters to thousands of students and families in a high-density residential area. The New York neighborhood pizzeria ambiance adds to its charm and keeps patrons coming back for more. Not only does this business have a devoted local following, but it also serves retailers, lending to a steady stream of revenue. In addition to its operational success, the restaurant maintains impeccable financial records and accounting practices, ensuring transparency and financial integrity. The business is well-equipped, with all machinery and assets in great condition.
The current owner is looking to exit the restaurant industry and this is a great opportunity to own a profitable, well-managed & operated pizza shop, and is best suited for an owner/operator. **The name of this business does not convey.
Listing Details
Location:
East Orlando
Organization Type:
'LLC'
Hours of Operation:
Mon - Wed 11a - 12a; Thu 11a -12:30a; Fri 11a - 1:30a; Sat 11a -12a; Sun 12p - 1:30a
Years Established:
11
Years Owned:
8
Employees FT:
3
Employees PT:
4
Managers:
1
Amount of Hours Owner Works:
15
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
Yes
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other $0
TOTAL OWNER BENEFIT
2023
$410,452
$110,807
$299,744
$176,594
$123,149
$0
$0
$0
$0
$0
$123,149
2022
$505,150
$236,789
$268,361
$169,149
$99,212
$10,000
$7,900
$0
$0
$1,580
$118,692
2021
$485,896
$238,332
$247,564
$163,638
$83,926
$10,000
$12,586
$0
$0
$1,580
$108,092
Assets Included in Sale
Other:
$0
Leasehold Improvements:
$2,000 Included
FF+E:
$27,000 Included
Inventory:
$3,000 Included
Total Assets Included:
$32,000
Lease Information
Monthly Rent:
$5,985
Expiration Date:
2028-05-31
Square Footage:
1260
Building Type:
Strip Center
Summary
Reason for Sale:
Relocation
Training and Support:
The Seller agrees to work in the business for no compensation for 14 days in order to familiarize the Buyer with the business.
Non Compete:
The Seller agrees to not compete with the business within 5 miles for 36 months.
Owner Qualifications:
Restaurant Management Experience
Financing Summary:
Down Payment $24,200 | Working Capital $12,000 | Estimated Closing Costs $15,000 | Estimated Monthly Payment $3,062.17 | 10 Year Term
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00390
Listing Type: Exclusive Right of Sale
Price: $215,000
Down Payment: $215,000
Category: Restaurants
Subcategory: Italian Restaurant
County: Orange
State/Prov: Florida
Country: United States
Sales: $410,552
SDE: $123,149
Description of Business
Located in the heart of East Orange County, right by the nation's largest university, this pizzeria caters to thousands of students and families in a high-density residential area. The New York neighborhood pizzeria ambiance adds to its charm and keeps patrons coming back for more. Not only does this business have a devoted local following, but it also serves retailers, lending to a steady stream of revenue. In addition to its operational success, the restaurant maintains impeccable financial records and accounting practices, ensuring transparency and financial integrity. The business is well-equipped, with all machinery and assets in great condition.
The current owner is looking to exit the restaurant industry and this is a great opportunity to own a profitable, well-managed & operated pizza shop, and is best suited for an owner/operator. **The name of this business does not convey.
Listing Details
Location: East Orlando
Organization Type: 'LLC'
Hours of Operation: Mon - Wed 11a - 12a; Thu 11a -12:30a; Fri 11a - 1:30a; Sat 11a -12a; Sun 12p - 1:30a
Years Established: 11
Years Owned: 8
Employees FT: 3
Employees PT: 4
Managers: 1
Amount of Hours Owner Works: 15
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: Yes
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2023
GROSS SALES: $410,452
– Costs of Goods Sold: $110,807
= Gross Profit: $299,744
– Total Expenses: $176,594
= Net Before Taxes: $123,149
ADD BACKS
+ Owner(s) Salary: $0
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other $0: $0
TOTAL OWNER BENEFIT: $123,149
INCOME PERIOD, Year: 2022
GROSS SALES: $505,150
– Costs of Goods Sold: $236,789
= Gross Profit: $268,361
– Total Expenses: $169,149
= Net Before Taxes: $99,212
ADD BACKS
+ Owner(s) Salary: $10,000
+ Benefits: $7,900
+ Interest Expense: $0
+ Depreciation: $0
+ Other $0: $1,580
TOTAL OWNER BENEFIT: $118,692
INCOME PERIOD, Year: 2021
GROSS SALES: $485,896
– Costs of Goods Sold: $238,332
= Gross Profit: $247,564
– Total Expenses: $163,638
= Net Before Taxes: $83,926
ADD BACKS
+ Owner(s) Salary: $10,000
+ Benefits: $12,586
+ Interest Expense: $0
+ Depreciation: $0
+ Other $0: $1,580
TOTAL OWNER BENEFIT: $108,092
Assets Included in Sale
Inventory: $3,000 Included
FF+E: $27,000 Included
Leasehold Improvements: $2,000 Included
Other: $0
Total Assets Included: $32,000
Lease Information
Monthly Rent: $5,985
Expiration Date: 2028-05-31
Square Footage: 1260
Building Type: Strip Center
Summary
Reason for Sale: Relocation
Training and Support: The Seller agrees to work in the business for no compensation for 14 days in order to familiarize the Buyer with the business.
Non Compete: The Seller agrees to not compete with the business within 5 miles for 36 months.
Owner Qualifications: Restaurant Management Experience
Financing Summary: Down Payment $24,200 | Working Capital $12,000 | Estimated Closing Costs $15,000 | Estimated Monthly Payment $3,062.17 | 10 Year Term
LISTING BROKER