MergerPlace

Local Landmark Pizzeria

Florida (Broward)


  • Asking Price: $350,000
  • Gross Income: $762,399
  • Cash Flow: $159,717
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $40,000
  • Listing ID: #206732
  • Established: 1988
  • Employees: 5 FT/ 6 PT

Business Description

Reason for Sale: Absentee Owner- Local Landmark Pizzeria for sale in Central Broward. Established since 1998, owned by 1 family. Serving NY Style pizza, subs and entrees. 40% delivery, 60% eat in and take out/catering. Newly remodeled. Seating for 30 inside and 20 outside. Owner benefit for a working owner replacing manager. Sales $750k. Owner Benefit $160k. Lease extends to 2028. Fully equipped kitchen with 2 hoods and walk in. Visa qualified with 14- W2 employees. 3 years of tax returns on file.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Broward

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT/ 6 PT

Financial Information

Asking Price: $350,000
Gross Revenue: $762,399
Cash Flow: $159,717
FF&E: $40,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

Lifestyle Mall-$5k/month rent- lease extends 2028.1332 sq ft facility-Lease will be included executive summary.

Reason for selling:

Absentee Owner.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers