Long Established, Central FL Italian Restaurant/Pizzeria Two Locations

Price: $875,000

Location: Orange & Seminole Counties

Business Category: Restaurants

Listing ID: 4110-00309

Listing Status: New

Description

With over 1,900 Google Star Ratings (averaging a 4.3 star rating), there is no doubt that Orange County and Seminole County locals love these two popular restaurants.
Customers enjoy Italian dining the old fashioned way, with fresh, delicious food, in a family friendly neighborhood atmosphere.

LISTING DETAILS

Down Payment: $875,000

Total Sales: $3,775,489

Discretionary Earnings: $396,539

FFE: $254,445

FFE Included: Yes

Inventory: $38,700

Inventory Included: Yes

Operation

Year Established: 1997

Year of last Acquisition: 2017

Days & Hours of Operation: 11a - 2a Every Day

Owner Hours Per Week: 0

Lender Pre-Qualified: No

Employees: 65

Managers: 7

Absentee Owner: Yes

Location

Monthly Rent: $22,898

Type of Location: Free Standing & Strip Center

Square Footage: 6,950

Franchise: No

Relocatable: Yes

Summary

Reason For Sale:

Discuss with the seller.

Training & Support:

Two weeks training at no cost to the buyer.

Owner Qualifications:

Restaurant Management Experience Recommended

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

Nick Arnheim

Nick Arnheim