Broward County Pizzeria for Sale with Earnings of $229,567 Annually

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Amazing Opportunity!
Asking Price:
$499,000

Gross Revenue:
$975,591
Cash Flow:
$229,567
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy this Tamarac Pizza Shop for Sale and you will be rolling in the dough. 39 years of Goodwill and $229,567 in owner's benefits.
This Pizza shop for sale has been owned and operated by a single family for the last 39 years. The sellers are looking to retire and are offering this well-maintained restaurant for sale. The seller's discretionary income $229,567 has been recast to show how much a single owner operator would benefit from ownership of this well-known and successful pizza shop for sale. The restaurant does not offer delivery options and has not promoted the catering aspect of the business. By adding delivery and promoting the catering business the sales and profits could grow significantly.
Located in Tamarac, FL the restaurant has excellent demographics. More than 180,000 residents live in the three-mile radius of the restaurant with an average household income of more than $70,000. This pizza shop for sale occupies approximately 2,700 square feet and seats 85 guests in its comfortable dining room. The current lease expires on September 30, 2021 and the landlord will extend the current terms. The monthly rent including CAM and Taxes is $4,268.
The facility of this pizza shop for sale has been excellently maintained over the years. The kitchen equipment is all in great condition and you would think the restaurant was brand new. The kitchen features a six-foot pizza hood and ten-foot exhaust hood. The Bakers Pride pizza oven is double stacked and very large. The Hobart dough mixer is 60 quarts. Under the exhaust hood sits a ten-eye burner with two stoves, fryer, and a three-hotel pan steam table. The restaurant has a walk-in cooler, ice machine and all refrigeration are commercial grade and working perfectly.
This pizza shop for sale has a menu that features pizza, of course. Both New York style and Sicilian pizzas are offered by the slice or by the pie. Choose your own toppings or pick from the specialty pizzas created by the family. Along with pizza the menu features all your Italian favorites - choose from Veal, Chicken, or Seafood. Baked Pasta Dishes, Hot and Cold Subs, and much more are offered on the menu. The restaurant has a 2COP license so your guests can enjoy wine or beer with their meal.
All recipes will transfer with sale and the sellers will remain for two weeks of training at no cost with this pizza shop for sale brought to you by the We Sell Restaurants!

About the Business

Location:
Tamarac, Florida
Year Established:
1981
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
2,700
Rent:
$4,266.00 Per Month
Lease Expiration:
9/30/2021
Facilities:
Host Stand 18 tables 85 Chairs POS System Lease to Own 1 year left 380 CC done through them 2 Neon Signs Television Ice Cream Freezer Chest Cash Register 5 Prep Tables Double Stacked Pizza Oven Large Bakers Pride Speed Rack Pizza Cooler 3 Doors 3 Door Stand Up Cooler 2 Door Stand up Freezer Cooler 2 Door Stand with cooler Slicer 2 Microwave 3 Hotel Pan Steam Table Fryer 10 Eye Burner with 2 Stoves 2 Table Top Steamer Bread Warmer 2 Door Sandwich Cooler Standup Cooler ss shelving Walk in Cooler 60 qt Hobart Dough Three Compartment Sink Dish Machine Ice Machine Two Door Stand Up Fryer Chest Freezer
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Pizzeria has below market rent to go along with the 39 years of goodwill built in The demographics are very strong with 180 000 residents with a HH income in excess of 70 000 in a three mile radius
Growth & Expansion:
Add delivery service with your own drivers or third party services to increase sales and profits The catering business is currently less than 10 of gross sales and accomplished with no advertising
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
The owner will provide 14 Calandar Days of training for no compensation

Listing Info

ID:
1669497
Ad Detail Views:
394

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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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