Restaurant for Sale in St. Augustine is Primed for Growth

Buy this well established Restaurant for Sale in a popular St. Johns County beach community that an easily convert to any concept. Current Pizza Concept has been very popular.
 
This popular Restaurant for Sale has been a staple of the community since 2011. It has been absentee run as the owner lives out of the country since its inception. On site ownership and management will help grow the already hefty sales and control the costs. This business is perfect for a husband and wife team business partners to run. The Restaurant for Sale is located in a beach community that sees hundreds of thousands of visitors each year and is surrounded by many hotels and motels that have no restaurants available for its guests. All this Restaurant for Sale needs is an owner who is willing to give the time to grow the business. Keep the current pizza concept of convert to any concept.
 
The outdoor patio at this Restaurant for Sale by the Restaurant Brokers is very popular with locals and tourists alike for this beach community and seat 50 guests.The dining room seats thirty guests while choosing to sit at the bar or a table. The restaurant occupies 1,500 square feet in this grocery store anchored center that is located on across the street from the beach. Rent to sales ratio is a key factor is determining the profit potential of a location. The very low rent of $4,100 per month means that the rent is only 7% of gross sales for the current concept.
 
The current menu features pizza and Italian food. Pizza is sold by the slice or the pie. Toppings include Pepperoni, Ham, Meatballs, Sausage, and you have an assortment of Veggies to choose from. Premium toppings include shrimp, anchovies, clams and more. If you have trouble deciding what to put on your pizza, gourmet pies are offered. Many of the customers at this Pizza Business for Sale in St. Augustine choose the Stromboli or calzones that are also baked fresh in the exposed brick oven. Italian favorites on the menu include chicken parmesan, piccata, and marsala, lasagna, ravioli, linguine with clams, and more. An assortment of salads, subs, wraps are offered along with minestrone or pasta fagioli soup.You can buy the current concept and be in business the next day or convert to your own concept.

The Restaurant for Sale is fully equipped and ready for a new owner. The brick pizza oven is in full view of the guests and the back of the house is fully equipped to handle high volume. There are two exhaust hoods, one for the pizza ovens and another in the back of house. Under the BOH exhaust hood is a six eye burner, flat top, two fryers, salamander, and a candy stock pot burner. The refrigeration equipment is all commercial grade and features a walk-in cooler, walk-in freezer, ice machine, pizza coolers and much more. The dough mixer is a Hobart 60 qt. mixer and the sale will include all smallwares, pots, pans, etc. The Pizza Business for Sale has a 2COP beer and wine license and a bar is featured in the front of house. Behind the bar is a keg cooler that has six different taps for beer. The Pizza Business for Sale features craft beer and also offers wine to its guests. Two televisions are positioned so that all the big games can be enjoyed by the guests. 
 
If you want to continue with the current concept the menu and all recipes will transfer at the time of sale and the dedicated staff will remain. If you have any questions about this opportunity please contact your Certified Restaurant Broker, Ken Eisenband, at 561-350-3365.
 

Listing

  • Listing#: 5227
  • Price: $199,000
  • Location: St. Augustine
Lease Term: Expires September 30, 2016 plus two five year options
Monthly Rent: $4,100
Indoor Seating: 30
Inside Sq. Ft: 1500
Hood System: Yes
Neighboring Businesses: Publix, Hotels, Beach
Hours Open: Monday thru Sunday 12pm - 10 pm
# of Part-Time Employees: 3
# of Full-Time Employees: 5

Features

  • Restaurant for Sale in St. Augustine
  • Current Concept is Pizza, but Can Easily Convert to Any Concept
  • Low Rent and Great Location
  • Thousands of Hotel Rooms Surround this Pizza Business for Sale
  • 2COP License Allows You to Sell Beer and Wine to Your Guests
  • Popular Outdoor Patio Seats 50 Guests
  • Restaurant for Sale