Property summary
This thriving Tampa pizzeria, established in 1999, presents a fantastic opportunity for a new owner. Located in Hillsborough County, this 2,000 square foot restaurant boasts a loyal customer base and enjoys a prime location with minimal competition. The asking price is $199,000, and the current lease, expiring October 31, 2025, offers a five-year term. The fully equipped kitchen includes two conveyor belt pizza ovens, a double door oven, walk-in cooler, multiple refrigerators and freezers, prep tables with refrigeration, a POS system, and ample smallwares. The dining area features tables, chairs, booths, and stools. A security system (with some working cameras) and a digital menu board are also included. The current owner employs five staff members and is willing to provide up to two weeks of training for a smooth transition. This turnkey operation offers significant potential for growth, particularly given the current owner's limited advertising efforts. The restaurant's substantial equipment and established clientele make this a rare opportunity to acquire a profitable business with minimal start-up costs. Financial information indicates a gross revenue of $280,000, though cash flow is currently zero. Inventory is not included in the asking price. The lease rate is $2,500 per month. Serious inquiries are encouraged.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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