MergerPlace

Italian Restaurant 20+ years same owner

Broward, Florida


  • Asking Price: $295,000
  • Gross Income: $638,068
  • Cash Flow: $129,367
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $120,000
  • Listing ID: #213933
  • Established: 1996
  • Employees: 7

Business Description

Well Established Italian Restaurant & Pizzeria located on a main road in Broward County. 20 years in same location with a very loyal clientele. Dine in & take-out with great upside potential with delivery and catering. A cozy atmosphere in dining area, a friendly staff and the best Italian cuisine dishes make this restaurant a landmark in South Florida. Full Kitchen with 12' hood system, 18 burner stove, fryer, pizza oven, walk-in cooler, freezer and all necessary equipment and tools make this restaurant a full turn-key opportunity for a owner/operator or an investor with a chef. Clear books for easy due diligence. May qualify for E2 Visa. Please refer to listing 0101823999 Business Broker Macelo Jo when you are inquiring about this listing.


Business Details

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

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $295,000
Gross Revenue: $638,068
Cash Flow: $129,367
FF&E: $120,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 5400 Square Footage: 2700 Building Type: Strip Plaza Terms & Options: negotiable Expiration Date: 1/1/2022

Competition:

Non Compete : Miles: 10 Years: 2

Reason for selling:

Retirement

Support & Training:

For 2 weeks at no cost

Contact Business Seller

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Business Listed By:

Marcelo Jo

Transworld Business Brokers