New Price! Pizza Shop in High Traffic Historic District Area

Punta Gorda, FL

Seller Financing Available

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Asking Price:$129,000
Gross Revenue:$605,000
FF&E:$125,487
Cash Flow:$200,000
Rent:$3,900
Established Year:2019
BUSINESS DESCRIPTION

Equipped with everything you need for a successful pizzeria

***PROFIT IS PROJECTED*** With a buildout valued at over $85,000 and FF&E valued over $125,000, this pizza shop investment opportunity offers $50,000+ savings compared to opening a brand-new pizza shop, plus time savings needed for a new buildout.

Assets include an energy efficient 3-year-old pizza oven, 5 televisions welcoming patrons over the main serving area, extensive wall graphics, pizza dough mixer, Stainless Steel surfaces, espresso maker, and more. This shop is ready to generate gourmet inspired pizza and profits for the new owners.

Use the existing branding and theme design, or alternatively bring your own concept pizzeria to the space. The previous owner ran a highly rated pizza destination spot but couldn’t wait for the renovations from a hurricane to be completed, thus opening the opportunity for a new pizza entrepreneur.

The location enjoys great walking traffic from the nearby free parking with the walking path that leads by the shop, and the pizzeria complements the other area businesses for casual shoppers and casual meals. Seating is available inside at the bar-height table inside, and outdoors with both a shared covered and private open-air outdoor spaces included.

The seller is the landlord, looks forward to having this location leased again, and is even offering seller-financing for a well-qualified buyer.

Delivery service is easy as the drivers can park in the short-term spots in the back and represents a growth portion of the business.

The area is located by the Historic District and Harbor Walk areas of Punta Gorda, Florida, and this pizza shop is equipped with everything you need for a successful pizzeria.


DETAILED INFORMATION
Location
Punta Gorda, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
850
Lease Expiration
22/04/2032
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Square Footage: 850. Marcel SD1048 pizza oven gas, Hobart pizza dough mixer, 6-door Endura cooler, Expobar twin head espresso w/steam, soda dispenser system, and more. Shopping is excellent in the area, including abundant gift, clothing, specialty shops, and restaurants. Plenty of traffic-draws to aid in building hungry traffic for a quality pizza shop.
Competition
There is not much direct competition in the nearby area in pizza shops, and this pizza shop was the highest rated pizza shop in the nearby area before it closed for repairs after the hurricane damaged the historic building. Pizza is a $46 Billion industry, and 93% of Americans eat at least one pizza every month.
Growth & Expansion
Adding lunch and cross promotions with other area businesses, plus expanding delivery options represent areas of growth for this pizza shop.
Financing
Seller financing available for a well-qualified buyer
Support & Training
N/A
Reason for Selling
Tenant replacement
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Ron
Vandiver
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Ron Vandiver