Established Italian & Pizza Restaurant

Asking Price$399,000

Cash Flow
$103,176

EBITDA$458,356

Gross Revenue$679,621

Inventory$10,000
Included in asking price
FF&E$100,000
Included in asking price
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Established Italian & Pizza Restaurant


Asking Price$399,000

Cash Flow
$103,176

EBITDA$458,356

Gross Revenue$679,621

Inventory$10,000
Included in asking price
FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
Motivated Sellers!
After 12 years of success, owners are ready to retire! Awesome, Lake Neighborhood pizzeria and Italian restaurant, near Ocala & The Villages with low overhead. Separate entrance for TAKE OUT pizza business generates lots of income! Little competition in area. New owners could add delivery. Main entrance of restaurant offers 60 plus seating in cozy dining room popular for lunch & dinner. During season, there is live entertainment a few nights a week with patrons from Villages, Lake homes and Ocala. This Italian restaurant and pizzeria is ideal for a "family" business especially good for husband & wife team. There are lots of "perks". Fully equipped with approximately $100K of assets. Good landlord, turnkey with beer & wine service. Seller will allow QUALIFIED BUYER to "shadow" business during due diligence. Wonderful opportunity!
About the Business
Years in Operation
13
Facilities & Assets
Separate entrance for TAKE OUT pizza business, the main entrance of restaurant offers 60 plus seating in cozy dining room.
Market Outlook / Competition
There is very little competition in area.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
$1,200.00 per month
Lease Expiration
8/31/2028
About the Sale
Seller Motivation
Retiring
Transition Support
2 weeks training, free of cost.
Financing Options
$200k down, $199k over 60 mths 7% interest
Listing Info
ID
2223221
Listing Views
1857

Contact Seller

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Business Listed by: CONNIE PENDLETON Ocala Business Brokers, Inc.

Listing ID: 2223221 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.