Pizzeria Restaurant Hidden Gem!!!
Pompano Beach, FL (Broward County)
Asking Price: $229,000
Cash Flow: $174,879
Gross Revenue: N/A
EBITDA: $112,879
FF&E: N/A
Inventory: N/A
Rent: $4,303
Established: 1974
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
Real Estate: Leased
Building SF: 2,000
Lease Expiration: 4/30/2031
Employees: 5
Reason for Selling: Other Opportunity Breakfast-Lunch
Ad #: 2303165
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