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#5685
Ft Lauderdale Restaurants For Sale

Money Making Pizzeria in Downtown Ft. Lauderdale Redevelopment Zone

$109,000
Available
Money Making Pizzeria in Downtown Ft. Lauderdale Redevelopment Zone



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Reason for Sale: Partnership Split- Profitable Pizzeria in a Downtown Ft. Lauderdale Redevelopment Zone- Great opportunity to acquire this growing pizzeria in East Ft Lauderdale. No competition in the area. Free Standing Building- Set up like a franchise. Seating for 15. Eat in-Delivery - Take out- Full Italian Menu. Low Rent for South Florida $2400/month- 5 yr lease with 1 - 5 yr option. $100,000 grant is available from the city for remodeling or equipment acquisition. Owner benefit for a working buyer putting in 60+ hours.

President Russell Cohen DRE License #SL679527

Lease

Region:
Ft Lauderdale Restaurants For Sale
Lease Term:
Expires 10/31/2024
Total Monthly Rent:
$2,400

Financials

Last Year's Annual Gross:
$286,556
Last Year's Owner's Cash Flow:
$90,875

Operations

# of Full-Time Employees:
5
Hours Open:
Mon-Thurs 11-7; Fri-Sat 11-11; Sun 12-9:30
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
10
# of Parking Spots:
10
Inside Sq. Ft.:
1,500

Highlights

  • Low Rent
  • Great Profit
  • Redevelopment Opportunity
  • Pizza Business
  • Perfect Covid-19 Business
  • Take-Out

Financing

Down Payment:
$109,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 68,145 412,771
Households 3-mi. 5-mi
2010 Number Of Households 21,875 154,940
2010 Persons Per Household 2.87 2.43
Median House Value $119,300 $188,987
Income Per Household $30,738 $45,950
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,121 15,428
2012 Number Of Employees 19,458 360,740
2012 Total Annual Payroll $338,060,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Murphy Business & Financial Services LLC. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. In addition, Broker uses SellingRestaurants.com as an advertising source for Broker's Listings and in no way is SellingRestaurants.com involved in receiving a commission for its services. 

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