Extremely Profitable, Well Establish for more than 45 years, New York Style Pizzeria.
Superb opportunity. Successful Cash machine, do not miss this opportunity of a turnkey business.
Location, location, location, located in the bustling city of Downtown Fort Lauderdale.
This business’s success has been established by word of mouth from repeat recuring customers, walk-in customers, to-go orders, online orders, and catering. 4.2 star on Google.
Great gross income, over $1.5 million in 2024 in yearly sales with a nice profit. Net for owner operator in 2024 $220,000 or $170,000 for absentee owner (manager salary $50,000).
Today business is absentee owner. New owners can just continue. Or there is a big potential to increase your revenues and grow the business if you decide de work. Sales was achieved with no marketing or advertising whatsoever. A new owner can increase the sales with new marketing campaigns.
Long term employees with a good management team. Most of the sta? has been with the restaurant for more than 10 years
Customers include residents of the surrounding area as well as many local businesses. The rent is less than 9%of sales, which helps create a very lucrative bottom line. The restaurant specializes in New York style pizza but serves all the classic Italian dishes like Chicken Parmesan, Chicken Francese, Baked Ziti and many more. The restaurant also sells a substantial amount of wings, subs, and salads. The restaurant o?ers dine-in, takeout, catering, and delivery with its own drivers as well as 3rd Party Delivery. Most of the business is delivery and takeout (70%). The restaurant is turnkey and fully sta?ed. This is a very rare opportunity to acquire a high-volume pizzeria with over 40 years of history.
Huge kitchen designed to handle high volume. Some of the equipment includes: 4 pizza ovens, Hobart dough mixer, walk-in cooler, phone system, POS system, etc
The restaurant is approximately 4,200 square feet and seats about 40 guests inside (3200 SF is the restaurant on the 1rst floor and on the 2nd floor there is about 1,200 sqft. Currently used as storage and office. A new owner can fix up the 2nd floor and make it an office headquarters / storage space.
The current lease expires on July 30, 2035 as there is 2 five-year option to renew. The monthly rent is only $11,600
Selling financing is available to qualified candidates, $300,000 down payment and $125,000 seller not.
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