MergerPlace

Upscale Pizza and Pasta Restaurant

Lakeland, Florida


  • Asking Price: $150,000
  • Gross Income: $544,506
  • Cash Flow: $115,506
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $160,000
  • Listing ID: #205210
  • Established: 2016
  • Employees: 4FT

Business Description

You won't find a better deal on an ESTABLISHED AND VERY PROFITABLE pizza and Italian restaurant than this one. It is being sold for less than the value of all the NEW assets included in the sale. It's all about the timing. Are you ready to move quickly? Asking only $150k and a working owner can make over $115k a year. Superb location in a really busy and well-kept PUBLIX owned plaza. This location is TOO BUSY for owner that has another location. Seller will remain as a personal lease guarantor through 2022!! Please refer to listing #230196283 and ask for H. Joe Strickland when inquiring. Thank You!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Lakeland

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4FT

Financial Information

Asking Price: $150,000
Gross Revenue: $544,506
Cash Flow: $115,506
FF&E: $160,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 4100 Square Footage: 1800 Building Type: Strip Mall Terms & Options: negotiable Expiration Date: 12/31/2022

Reason for selling:

Other restaurant to manage

Support & Training:

One weeks of training at no cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

H. Joe Strickland

Transworld Business Brokers of Central Florida