MergerPlace

Italian Restaurant with Three Locations

Jacksonville, Florida (Duval)


  • Asking Price: $895,000
  • Gross Income: $1,855,379
  • Cash Flow: $315,911
  • Real Estate: Not Disclosed
  • Inventory: $4,500
  • FF&E: $60,000
  • Listing ID: #207871
  • Established: 2004
  • Employees: 7ft/34pt/3mgrs

Business Description

3 PREMIUM locations with outstanding pizza, well known in the market and a tradition of quality and excellent reputation enables this once-in a lifetime opportunity to be sold. Excellent staff, with management in place, well known in the community and featured as one of the top pizza and Italian restaurants (3) in Jacksonville excellent records, qualified with only $200220 down and price includes $75K of working capital. Lowest SBA loan rate in years, 6% These stores are THE BEST OF THE BEST. Opportunity won't last. Please refer to listing number and advisor Vic Cirillo when inquiring on this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Jacksonville
County: Duval

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7ft/34pt/3mgrs

Financial Information

Asking Price: $895,000
Gross Revenue: $1,855,379
Cash Flow: $315,911
FF&E: $60,000
Inventory: $4,500
Seller Financing Available: No

Property Information

Facilities:

Type of Location Strip Center Facilities 3 Stores Monthly Rent $161,000.00 Square Units (Foot, Meter) 4,500 Lease Expiration Date November 30, 2021, 12:00:00 AM Terms Options 2X5

Reason for selling:

Retirement

Support & Training:

Seller will provide 2 weeks training

Contact Business Seller

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Business Listed By:

Victor Cirillo

Transworld Business Brokers