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Business Listed by

Sunbelt Orlando

Contact: Robert Borrelli
Office Phone: 407-960-7390
Mobile Phone: (407) 625-8596
Listing ID: ORLANFL001-N1895

SBA $43K Down - Wood Burning Pizzeria & Italian Restaurant

Financial Information

  • Asking Price: $425,000
  • Gross Revenue: $906,371
  • Cash Flow: $171,898
  • Down Payment: $42,500
  • FF&E (Included): $200,000
  • Inventory: $5,000
  • Financing: No

Business Location

  • Volusia County
  • Florida
Primary Business Category: Restaurants

Italian Restaurant & Wood Burning Pizzeria for sale in Volusia County. Absentee run business and financials reflect it, adjustment could be made for working owner operator if needed.Excellent lease below market value at $2,400 per month for 3,500 sq ft for initial 5 year term plus 3 - 5 year options. 3% Rent Increase only over 20 years.Restaurant is both SBA and E2 Visa qualified and seats approx. 140 including some outside. Includes wood burning pizza over and large fully equipped kitchen. Currently only offering beer and wine (2COP) but can convert easily to full liquor with 4COP SRX.For a full summary package including photos and more please contact Sunbelt Business Brokers of Orlando and Robert Borrelli today at 407-960-7390!!!


Competition Description


Growth / Expansion overview


Support / Training Comments

Seller will provide two weeks of training at no cost to buyer


Financing Comments

Business is SBA pre-qualified with $42,500 Down, for a qualified buyer. Balance will be financed for 10 years at 7% - monthly payment of $4441.15


Reason For Sale
Consolidation
  • Home Based: No
  • Year Established: 2013
  • Franchise: No
  • Year Acquired: 2014
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Restaurant and SRX

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Seven Days
  • Hours Open: 11A-9P and 11A-10P
  • Fulltime Employees: 5
  • Part time Employees: 18
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 3500 sq ft
  • Seats: 140
  • Parking: Ample
  • Monthly Rent: $2,400
  • Lease Expires: 12/31/2020

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