The Italian Restaurant for Sale in South Florida provides six figure income for the sellers. Located in a busy shopping center on a highly trafficked road with strong demographics and long-term lease in place.
The Pizzeria and Italian Restaurant for Sale has been in operation since 2013. The restaurant has been beautifully built out and has seen steady sales increases over the years. In 2021 the sales were $508,000 and in 2022 sales exceeded $600,000. The net to the sellers in 2022 was more than $100,000. The restaurant is operated by a husband-and-wife team. The husband is a chef and handles the back of house responsibilities. If desired, the chef will stay in place and oversee the kitchen operations at the time of sale.
The restaurant is located on a busy north/south road that has more than 81,000 vehicles passing by daily. The area is densely populated with residential communities, offices, and retail space. The three-mile radius population is 117,426 residents with an average household income of $66,575. This Italian Restaurant for Sale offered by We Sell Restaurants is closed on Sundays and has lunch and dinner hours Monday through Friday, the restaurant is only opened for dinner on Saturday. The business occupies 2,400 square feet and seats 66 guests in its beautifully decorated dining room. Another 12 guests can be accommodated in the nicely decorated patio area. The restaurant has a 2COP beer and wine license. The very low and reasonable rent for all of this is only $5,300 per month including CAMS and taxes. The lease expires on January 31, 2024, and there is one five-year option attached. Parking is never an issue as the plaza has ample parking spots for all guests. The other tenants in this plaza with this Italian Restaurant for Sale include a breakfast/lunch restaurant that has been a mainstay in the community for more than 20 years, other restaurants, Insurance Agency, Florist, Postal Center, Hair Salon, Dry Cleaners, Travel Agency, cellular phone store, and much more. The plaza serves a local community that has thousands of residents.
The fully equipped commercial kitchen has everything you will need to operate and expand this operation. This Italian Restaurant for Sale has an eight-foot exhaust hood, grease interceptor, Moretti Forni Double stacked pizza oven sitting under a pizza venting hood, two four-eye burners, pasta cooker, fryer, 60-quart dough mixer, 20 qt mixer, walk-in cooler, commercial refrigeration and much more. The small wares package includes plate ware, flatware beverage glasses, scales, mixers, etc. and is extensive and all top-of-the-line quality.
The offerings of the menus on this Italian Restaurant for Sale are traditional Italian dishes from various Italian regions featuring homemade pastas, bread and desserts. Two weeks of training is being offered at no cost and all recipes and menus will transfer with sale. If needed the chef/owner will sign an employment contract for up to one year to continue working at the store.
Lease Term: Expires January 31, 2024 + Five year option
Monthly Rent: $5300,
Indoor Seating: 66
Inside Sq. Ft: 2400,
Hood System: Yes
Neighboring Businesses: Restaurants, Retail, Service Providerss
Hours Open: Monday-Friday 12pm-2pm;5pm-9pm Saturday 5pm-9pm
# of Part-Time Employees: 3
# of Full-Time Employees: 4
Net Sales: $589394.00
Owner Benefit: $91143