Broward County Italian Restaurant For Sale - $1.3M Sales
Asking Price: | $550,000 |
Gross Revenue: | $1,300,000 |
Rent: | $9,600/Month |
Cash Flow: | $270,000 |
Inventory: | $10,000 |
Established Year: | 1980 |
High Volume Pizzeria & Italian Restaurant - Over 40 Years In Business
Celebrating over 40 years in business! This Italian restaurant is a staple in the community. High volume with sales of about $1.3M with no advertising or marketing whatsoever – this business is a cash-cow. The monthly rent is less than 8 % of sales – creating a very lucrative recipe for success. A long-term lease is available with negotiable terms. Rent includes trash and water. The business is well known for its authentic Italian dishes in a cozy, family-orientated environment. The restaurant specializes in pizza and classic Italian dishes like Chicken Parmesan, Chicken Francese, Fettuccini Alfredo, Lasagna and many more. The restaurant serves beer and wine. This is a very rare opportunity and is the first time the restaurant has been put on the market since it first opened. The restaurant comfortably seats 90 guests and offers dine-in, take-out, catering and delivery through 3rd party companies. Dine-in accounts for 60% of the business. The restaurant is 100% turn-key and fully staffed. Many of the staff members have been with the business for more than 10 years. An owner-operator can expect Net Income in Excess of $270,000 per year. 3,500 square feet and a commercial grade kitchen, this restaurant is made to handle high volume. Over 1,000 Google Reviews help demonstrate the popularity and reputation of this neighborhood gem. Located in the center of Broward County, the restaurant is surrounded by a very dense make up of residents and businesses. The leasing vacancy of the area is only 3%, demonstrating very strong demand and success for small business. Seller financing is available to qualified candidates. Please contact us for more information.
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Lean Kitchen Company
Available in Multiple Locations
FranchiseCash Required: $75,000