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Pizzeria/Italian Restaurant

 - Jacksonville, Florida - 

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Pizzeria/Italian Restaurant
Listing ID:  20310
Asking Price: $130,000 Status: Active
Business Type: Food and Beverage  /  Food and Beverage - Others
Food and Beverage  /  Fast Food Restaurant
Reference #: BBF-75609031
Business Location: Confidential, Jacksonville, Florida Broker Coop: Yes
Saint Johns County
Annual Income Information
Labor Information
Gross Sales: $384,000 Full-Time Employee: 2
Cash Flow: $96,000 Part-Time Employee: 7
Business Detail Information
Lease Information
Form of Ownership: S Corporation Leased SqFt: 1,800 SF
Year Established: 2004 Rent /Month (Include NNN): $2,475
Accounting Info(years): Lease Exp.Date: 12/31/2011
Franchise: No Original Lease (# of yrs): 3
Liquor License: No Lease Left (# of yrs):
Seating Available(#): 40 Lease Option (# of yrs): 3
Parking Space(#): Lease Renewable: Yes
Hours of Operation: Open 7 days, 11am-10pm Lease Transferable: Yes
Reason For Sale: Rent Increase:
Seller Training Available: Yes   
Price Description
Financial Information
Real Estate Included: No Seller Cash Out: Yes
Real Estate Value: Seller Financing Available: Yes
Fixture & Equipment Included: Yes Seller Financing Amount: $60,000
Fixture & Equipment Value: $75,000 Seller Financing Term(years): 60yrs
Inventory Included: Yes Annual Interest Rate: 6.5%
Inventory Value: $2,000 Min. Down Requested: $70,000
Business Listing Info Link:   http://www.904broker.com
 
Business Description
Fantastic opportunity for the savvy buyer. Primary business is pizza but this store has an extensive menu with a focus on Italian food. Located at a busy intersection this store has a great mix of delivery, take out and eat in business. University Campus located nearby and also many apartment complexes. 2009 numbers are annualized.


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