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Italian Restaurant & Pizzeria


Authentic Italian Restaurant along with the Best Pizza in Brevard County. 4 COP liquor license with a liquor store attached to the restaurant. The restaurant is located on a major road just off Interstate 95. Experienced staff in place with seating for 130 people. Located in a small shopping plaza with great parking. The area surrounding the restaurant is high density with both neighborhoods and apartments which makes the delivery area profitable. Business includes a delivery vehicle. Great opportunity for a husband and wife team. This can be purchased with or without the 4-COP quota liquor license.



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Background information

Reference:

4162-03080

Year established:

2009

Reason selling:

Retirement

Finance

Sales:

$704,565

Profits:

$146,203

Profit type:

Discretionary Earnings

Operations

Employees:

13

Equipment:

Included in asking price

Inventory:

$30,000. - Included in asking price

Premises

Facility:

$5,350 per month rent. Great location in a strip center. New lease for buyer, 5 year with a 5 year option.

Square footage:

3300

Rent and lease terms:

$5,350. per month. 5 year lease with a 5 year option.

Location:

Brevard County, FL

Opportunities

Growth:

The current ownership does little marketing and advertising. With some focus on marketing, there is a good opportunity for growth.

Price and terms

Price:

$539,000

Down payment:

$300,000

Financing:

239000, 6%, 5 years

Training:

Seller will work with the buyer for 2 weeks at no cost to help with the transition of the restaurant.