Asking Price: $1,300,000
Cash Flow: $211,774
Gross Revenue: $937,210
FF&E: $65,000
Inventory: $7,000
Established: 1981
Pizza & Mediterranean Restaurant with Real Estate is up for sale in the Greater Orlando Area
Popular Pizza restaurant for sale with the real estate for sale in Central Florida. The restaurant has a long established reputation spanning back to the 1980’s and is known for their pizza, Italian and Mediterranean dishes. Their customers enjoy dining in, but many choose to do carry out or have food delivered. The seller does not do any advertising and only opens the restaurant 5.5 days a week. A new owner could easily increase the hours and the amount of marketing. The real estate is included in the purchase price and is valued at $700K. Real estate includes a large free-standing building with a full kitchen complete with a hood system, walk-in cooler and walk-in freezer and plenty of parking. Seller has all of their earnings posted on tax returns.
Location: Orlando, FL
Inventory: Included in asking price
Employees: 16
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Free-standing building, large kitchen with a walk in cooler and freezer along with a kitchen hood.
Competition: Reputation goes a long way in Central Florida and the Greater Orlando. This restaurant consistently offers a great product year after year.
Growth & Expansion: New owner could easily open up for more hours and more days. Hours are limited and sometimes deliveries are limited. A new owner prepared to take on additional hours and workload capacity could increase sales.
Financing: Business should qualify for SBA financing.
Support & Training: Owner will work with the buyer to make for an easy transition into the business.
Reason for Selling: Owner is looking to retire after a few decades in the industry.