Pizzeria Restaurant Hidden Gem!!!

Pompano Beach, FL
listing image
Asking Price:$229,000
Rent:$4,303
Established Year:1974
Cash Flow:$174,879
EBITDA:$112,879
BUSINESS DESCRIPTION

Pizzeria with Full Kitchen

HIDDEN GEM! Pizzeria and Restaurant in Pompano Beach- Established 50 years and same owner for 13 years. Profitable net profit was $112,879 and the owner’s benefit is $158,879 with both spouses working fulltime. The owner controls food cost at 22% and payroll at 22% with both owners’ salaries of $900.00 per week combined, which they will train new owner to continue operating the same. Low rent $4,300 / 2000 sqft (CAM Included) with 60 seats inside plus plenty of seats outside. Full kitchen, hood, w/ 8 burner oven. dual pizza oven, walk in cooler, freezer & lots more. Brand new compressor in walkin cooler. Must see! Fairly new Rheem Air Conditioner installed in November 2020 $8,050, new air conditioner in kitchen October 2021 $6,500 and new air condition in dining room March 2022 $8,500. Turnkey restaurant ready for a new owner. Owner has other opportunities and wants to sell.


DETAILED INFORMATION
Location
Pompano Beach, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
30/04/2031
Employees
5
Reason for Selling
Other Opportunity Breakfast-Lunch
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Del
Ogorelkoff
BeachFront Realty, Inc. - Business and Commercial Division
Del Ogorelkoff