Italian Restaurant for Sale in Pembroke Pines - $100,000 Earnings!

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Asking Price:
$299,000

Gross Revenue:
$506,105
Cash Flow:
$113,991
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

This Charming Italian Restaurant for Sale in Pembroke Pines is ready for a new owner who's seeking an established concept and strong return on investment. This one is pre-qualified for SBA Lending with sales of over $500,000 and earnings near $100,000!
Don't miss this opportunity to invest in an authentic Italian Restaurant for Sale that boasts nearly perfect online reviews after more than six successful years in business. Best of all, the Chef, from Italy, who is part of the ownership team, is willing to stay on as a full-time employee, so the menu quality will remain consistent with the food customers have come to know, love and expect.
This Italian restaurant for sale boasts 1,145 square feet with an amazing rent of only $2,744 per month including CAM and taxes. A small, intimate space with outstanding food, incredible rent, and a great location is a restauranter's dream. This is it. Moreover, the space has a brand new roof, two brand new AC units, a new facade on the plaza and freshly paved parking lot. We Sell Restaurants has done it again and provided a fantastic business in a great location!
When you walk in, the pizza station, with an old-school, double stacked oven, is on the left. 12" pies with gourmet ingredients are served in house. 16" size pizzas are available for take-out orders only. The dining area is a rustic, inviting space for customers that was built out by one of the owners himself. Perfect for sharing a bottle of wine, relaxing and enjoying the food and atmosphere.
The kitchen is a fully equipped commercial space. The menu features Antipasti, Insalate, Pizza, Pasta, Secondi and Dolce and can change based on season, ingredients, etc. Customers can come to enjoy the lasagna they've come to know and love or be surprised by an octopus special that the Chef has created. Best of all, the Chef has agreed to stay on.
This restaurant has been opened since 2013, has clean books and records and is pre-qualified for SBA Lending. Don't miss this opportunity to own this profitable restaurant in one of Broward County's largest suburbs.

About the Business

Location:
Pembroke Pines, Florida
Year Established:
2013
Number of Employees:
6
Real Estate:
Owned
Rent:
$2.40 Per Square Foot Per Month
Facilities:
POs system Hobart dough mixer 3 compartment sink Frigidaire freezer two Traulson stainless steel refrigerators American Range fryer two 6 burner ranges with ovens prep station with cooler exhaust hood with fire suppression Hobart slicer ice machine Insignia flat screen tv pizza hood double deck pizza oven pizza pred station with granite top and cooler rolling racks table chairs plates utensils pots pans etc
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Economic development is one of the core components of the City s Planning and Economic Development Division
Growth & Expansion:
The city has been recognized as a Platinum Permitting City by the Greater Fort Lauderdale Alliance
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About the Sale

Reason For Selling:
Retirement
Training/Support:
2 Weeks

Listing Info

ID:
1613398
Ad Detail Views:
0

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Business Listed by

Robert Morrison

We Sell Restaurants
License# SL332365

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Broward County, FL
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Broward County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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