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Listed by:

Boss Group International LLC

Italian Restaurant And Pizzeria Strong Discretionary Earnings For Sale

Seminole County, Florida, US
Asking Price:
$975,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,293,576 (USD)
Cash Flow:
$380,837 (USD)

Family owned and operated Italian Restaurant & Pizzeria serving the heart of Oviedo for 35 years! Customers enjoy the recently expanded blueprint of 4000 sf that includes a new bar offering beer and wine, a rustic Italian dining area and the large covered patio seating that is now available. This business also offers delivery and catering. They are a smoothly run operation with experienced staff in place, in-line COGs and a long term lease in place for continued success. Strong reputation as a local favorite with 4.4 Rating on Google composed of 329 reviews and 5/5 Stars on Facebook from 31 Reviews.
This is an SBA lender pre qualified business with solid tax returns and organized, clean books.

Financing Terms:
Purchase Price: $975,000 | Down Payment: $105,000 | Working Capital: $25,000 | Loan Fees: $25,000 | Closing Costs: $20,000 | Loan/Other: $940,000 | Mos: 120 | Rate: 5.75% | Mo Pmt: $10,318.31

BBF 4110-00196

Property Information

Real Estate:

Lease

Premises Details:

Lease/Month: $9,000 | SquareFootage: 3,200 | BuildingType: ShoppingCenter | Terms & Options: (3)5-YearOptions | Expiration Date: 2/21/2029

Business Operation

Reasons for selling:

Other Business Interest

Trading hours:

Mon-Thurs 11a-10p | Fri 11a-11p | Sat 11a-10p | Sun 12p-9p

Employees:
FT: 5 PT:10 Mgrs:3
Years established:
35

Other Information

Support & training:

Two weeks training included at no cost.

Financing available:

SBA Lender Financing:
Purchase Price: $975,000 | Down Payment: $105,000 | Working Capital: $25,000 | Loan Fees: $25,000 | Closing Costs: $20,000 | Loan/Other: $940,000 | Mos: 120 | Rate: 5.75% | Mo Pmt: $10,318.31

Furniture / Fixtures value:
$250,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price

Contact Boss Group International LLC

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