120K down !! 350K Net 10% down SBA Pizza Restaurant.
Winter Springs, FL
| Asking Price: | $1,200,000 |
| Gross Revenue: | $1,100,000 |
| Rent: | $3,661/Month |
| FF&E: | $175,000 |
| Cash Flow: | $350,000 |
| Inventory: | $4,500 |
| EBITDA: | $350,000 |
| Established Year: | 2015 |
Listing ID: 2231646Listing provided by BizBuySell
BUSINESS DESCRIPTION
Very profitable long established pizza restaurant in Seminole County. Excellent authentic New York style pizza and authentic Italian dishes. Established many years with established clientele. Sales over 1.2 million very strong financially and profitable. Take out, dine in, and delivery. The business is staffed with employees in place. High income area.
SBA lender has looked at the business and has pre qualified at 10% down.
All prospective buyers must show proof of funds of 150K.
DETAILED INFORMATION
Location
Winter Springs, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,450
Lease Expiration
05/04/2029
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Excellent facility with full professional restaurant equipment and build out. Business is located in a Publix shopping center in Seminole county. Current lease until 2029. Corporate landlord very satisfied with business.
Competition
Business is long established and has an excellent reputation. Long established clientele are repeat customers for many years. The business has very little direct competition because of the authentic recipes with excellent food and quick professional service.
Growth & Expansion
New owners can expand into online marketing and catering. Current owners are seasoned pizza restaurant owners who have not put a heavy emphasis on marketing.
Financing
SBA pre-qualified
Support & Training
Owners will train for 30 days at no charge. Owner will stay on remotely or via email as needed to insure a smooth transition.
Reason for Selling
Owners has another unrelated service business.
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