Buy this Palm Beach County, Florida Pizza Shop for Sale
. Operates under a Licensing Agreement that has great reputation.
This Pizza Shop for Sale
is currently absentee run. Management is in place at a cost of $75,000 per year. The seller’s discretionary income of $148,312 is a recast to show how much an owner operator would benefit from ownership of this well-known and successful pizza shop for sale. Sales in 2022 were $1,014,244. Sales in 2021 were $997,934 and the sellers’ discretionary earnings were $170,498.
Located in Boca Raton, FL, the Pizza Shop for Sale has excellent demographics. More than 120,000 residents live in the three-mile radius of the restaurant with an average household income of more than $90,000. This pizza shop for sale offered by We Sell Restaurants
occupies approximately 1,600 square feet and seats 50 guests in its comfortable dining room. Another 16 guests can dine outside. The current lease expires on October 31, 2024 and has one five year option attached. The monthly rent including CAM and Taxes is $8,393.
The restaurant is part of well known and established brand in South Florida. There are 15 locations throughout Palm Beach and Broward Counties. There is a 3.5% royalty based on gross sales. You will also have to pay a $450 administrative fee, monthly. The brand is well-known and will drive customers to your location. You will purchase your supplies at a reduced rate due to the buying power of the brand. The brand has a website that will have a link to your specific location. Online ordering is done through this website. Third party delivery services are also utilized.
The facility of this Pizza Shop for Sale has been excellently maintained over the years. The kitchen equipment is all in great condition and you would think the restaurant was brand new. The kitchen features a six-foot pizza hood and ten-foot exhaust hood. The pizza oven is well maintained and in excellent shape The Hobart dough mixer is 60 quarts. In the last year two new air conditioner units have been installed. All equipment needed to run this successful pizzeria is included in the sale.
This Pizza Shop for Sale has a menu that features pizza, of course. New York style, Sicilian pizzas, and Grandma’s Pizzas are offered. Choose your own toppings or pick from the specialty pizzas. Along with pizza the menu features all your Italian favorites – choose from Veal, Chicken, or Seafood. Baked Pasta Dishes, Hot and Cold Subs, and much more are offered on the menu. The restaurant has a 2COP license so your guests can enjoy wine or beer with their meal.
All recipes will transfer with sale and two weeks of training is being offered at no cost with this Pizza Shop for Sale brought to you by the We Sell Restaurants
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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this Pizza shop 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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