Pizzeria and Italian Restaurant for Sale in Clermont, Florida - Motivated

Pizzeria and Italian Restaurant for Sale in Clermont, Florida. The restaurant has a loyal customer base, great lease in place, and seven years of goodwill built in.
 

Located in a busy shopping center that is ideally located on the corner of two main arteries that run through central Florida. The shopping center is home to two big box retailers and a large gym. Other restaurants, retail outlets, and service providers make up the almost 100% occupied tenant list. There are 47,000 vehicles per day that travel on the road just in front of the center. The three-mile radius population is more than 40,000 residents with a household income of $60,000 annually. The 2,100 square foot restaurant will seat up to 75 guests. This Italian Restaurant for Sale has a monthly rent including CAM and taxes is a very reasonable $4,244 per month.
 
Sales on the Federal Tax Return in 2019 were approximately $350,000 with $55,000 flowing to the bottom line. A brief visit to the restaurant will show you the potential for much more sales and profits. The restaurant brokers have been asked to list this restaurant for sale due to the death of the owner/operator. Unfortunately, conversation of the financials is limited to the review of the tax returns. Potential to increase sales and profits will be easy to achieve. This Italian Restaurant for Sale has not advertised in many years and does not currently deliver to the nearby community. Advertising and adding delivery will be a must.
 
The restaurant’s equipment includes a 12-foot exhaust hood, six-foot pizza hood, two pizza ovens, 60-quart dough mixer, six eye-burner, fryer, commercial grade refrigeration and much more. The front of house is a mixture of booths and tables along with a small bar area.  Everything you need to operate is included in the purchase of this Italian Restaurant for Sale.
 
The restaurant has separate lunch and dinner menus. The lunch menu features sliced pizza special, standard pasta dishes, a few chicken, seafood, eggplant, and meat dishes. This menu is offered from 11 -3. At dinner, a full menu featuring all your Italian favorites is offered. This Italian Restaurant for Sale has a 2COP beer and wine license and prominently displays its wine selection.
 

Please click on the tab below to easily acknowledge confidentiality on this Italian Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

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Listing

  • Listing#: 7752
  • Price: $100000
  • Location: Clermont
Lease Term: Expires May 31, 2023
Monthly Rent: $4244,
Indoor Seating: 60
Inside Sq. Ft: 2100,
Hood System: Yes
Neighboring Businesses: Restaurants, Retail, Service Providers, Big Box Retailiers
Hours Open: Tuesday-Saturday 11am-9pm
# of Full-Time Employees: 4
Net Sales: $348306.00
Owner Benefit: $145907

Features

  • Pizzeria and Italian Restaurant for Sale in Clermont, Florida
  • Tax Return shows $55,000 bottom line - potential to triple in first year
  • Located in busy shopping center with Big Box Retailers and other successful restaurants
  • The three mile radius population is 40,157 with an average household income of $60,000
  • Average Daily Traffic Counts of 47,000 vehicles
  • Great Lease in Place with rent of only $4,244
  • ADD DELIVERY FOR IMMEDIATE INCREASE OF SALES AND PROFITS
  • Italian Restaurant for Sale