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Price: $150,000
Location: North East Florida
Business Category: Restaurants
Listing ID: 4110-00228
Listing Status: New
Motivated seller ready to hand over the keys and even provide some financing for a qualified buyer. This casual dining Italian restaurant/Pizza Shop is located in Duval County, FL highway facing at the front of a large shopping plaza with lots of foot traffic from the University Across the street. They specialize in a variety of authentic, delicious, & hearty dishes. The food is prepared fresh daily and only the highest-quality ingredients are used. Offering pizza, pasta, easy finger foods, calzones & Stromboli! Take out, curbside and catering are offered for increased revenue, as well as dine in with seating for just about 40 people. Very experienced staff in place for continued success with over 10 years of history in the community.
Down Payment: $125,000
Total Sales: $278,410
Discretionary Earnings: $96,800
FFE: $50,000
FFE Included: Yes
Inventory: $1,000
Inventory Included: Yes
Year Established: 2011
Year of last Acquisition: 2011
Days & Hours of Operation: 7 days a week from 11 am - 10 pm
Owner Hours Per Week: 35
Lender Pre-Qualified: No
Employees: 3
Managers: 1
Absentee Owner: No
Lease Option: 1 additional 5 yr option
Real Estate Included: No
Monthly Rent: $3,002
Type of Location: Strip Center
Square Footage: 1,161
Franchise: No
Relocatable: No
Reason For Sale: Other business interests.
Training & Support: Two weeks at no cost to the buyer.
Owner Qualifications: Restaurant Management Experience
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