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Nets $146K with Great Location Pizzeria In Pompano Bch Pompano Beach, FL 33064

OFF-MARKET Retail properties & Spaces Google Maps
1,700 SF Built 2020
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Property summary

AI-generated overview

This thriving pizzeria in Pompano Beach, Florida, presents a fantastic investment opportunity. Boasting a prime location on a busy thoroughfare near a shopping mall and movie theater, this 1,700 square foot restaurant enjoys exceptional visibility and consistent customer traffic. The 2020-built establishment generated $771,943 in gross revenue in 2023, yielding a net profit of $145,938 for the owners. The current lease, at a remarkably low monthly rent of $4,975 (only 7% of sales!), extends until August 30, 2027, with a five-year renewal option. The restaurant is fully equipped with high-end appliances, including a double-stacked Bakers Pride pizza oven, a 60-quart dough mixer, two six-eye burners, two fryers, and a comprehensive commercial refrigeration system. The inviting interior features high ceilings, brick walls, unique flooring, and comfortable seating for 55 guests inside, with additional outdoor seating for 45. The menu includes a wide variety of pizzas (New York style, Sicilian, Grandma's), classic Italian-American dishes, subs, salads, appetizers, and desserts. A 2COP beer and wine license allows for alcohol sales, and live music enhances the dining experience. The business includes a well-established website, all recipes, and a two-week training period from the current owners to ensure a smooth transition. With a strong track record, loyal customer base, and significant growth potential (including catering expansion), this pizzeria represents a truly exceptional opportunity for a savvy investor. The restaurant is fully staffed with 10 employees and operates six days a week, closing only on Mondays.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2020
Total area 1,700 SF

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
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Sale price & price/SF · Sale date & distance · Adjustments & confidence
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