Cash Flow $395,520

Price: $1,200,000

Location: Seminole County

Industry: Full-Service Restaurants

Listing ID: 4110-00196

Listing Status: New

Description

Family owned and operated Italian Restaurant and Pizzeria serving the heart of Oviedo for 35 years! Offering dine-in (with a recently expanded blueprint of 4000sf including the patio area) offering beer and wine, and also offering take out, delivery, and catering. The operation is ran smoothly with in-line COGS, and a long-term lease in place for continued success.
Strong numbers, which increased through the pandemic in 2020. 2021 numbers look to beat 2020 based on Q1's annualized financial statements. Organized, and clean books with solid tax returns, and it has been PreQualified by the SBA as a financial opportunity for approved Buyers. Strong reputation as a local favorite with a 4.4 Rating on Google with 329 Reviews and 5/5 Stars on Facebook with 31 Reviews.

LISTING DETAILS

Down Payment: $125,000

Total Sales: $1,259,859

Cash Flow: $349,918

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $250,000

FFE Included: Yes

Inventory: $10,000

Inventory Included: Yes

Operation

Year Established: 1986

Days & Hours of Operation: Mon-Thurs, 11a-10p | Fri 11a-11p | Sat 11a-10p | Sun 12p-9p

Owner Hours Per Week: 60

Lender Pre-Qualified: Yes

Employees: 15

Managers: 3

Lease Option: (3) 5-Year Options

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $9,000

Type of Location: Shopping Center

Square Footage: 3200

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Other Business Interest

Training & Support:

2 Weeks Training

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Tony Blair

Tony Blair