MergerPlace

High Traffic Pizza Restaurant

Florida (Brevard)


  • Asking Price: $550,000
  • Gross Income: $1,253,000
  • Cash Flow: $197,135
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $175,000
  • Listing ID: #218278
  • Established: 2003
  • Employees: 17

Business Description

Location! Location! Location! This high volume, high profit restaurant has access to a traffic flow of approximately 37,760 cars per day. Sellers are looking for an experienced qualified buyer to continue to serve this vast tourist and local customer base. The rent is exceptional for this type of location (8% of gross). Increase revenues by utilizing a drive thru that is currently not being used, adding breakfast or adding seats to acquire SRX liquor license for full bar. And live in Paradise!


Business Details

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

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 17

Financial Information

Asking Price: $550,000
Gross Revenue: $1,253,000
Cash Flow: $197,135
FF&E: $175,000
Inventory: $6,000
Seller Financing Available: No

Property Information

Facilities:

Free standing building with a base area of 2,476+ sq ft with second story loft that contains approximately 748+ sq ft that is utilized as storage. 76 seats inside 49 seat outside.

Growth & expansion opportunities:

The market is growing throughout the county, particularly strong in this area with the development of Cape Canaveral.

Competition:

This is a huge tourist area but the location and product and reputation of this business is unequaled in the competitive market.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. Experienced food operator and business tax receipt -2cop license.

Contact Business Seller

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Business Listed By:

Dan Carelli

Murphy Business Brokers