Pizzeria And Italian Restaurant For Sale Great Buildout And Lease Hollywood, FL 33024

Property Details for 0 Pizzeria And Italian Restaurant For Sale Great Buildout And Lease

Year built

2013

Property size

1,540 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This profitable pizzeria and Italian restaurant in Davie, Broward County, Florida is a turnkey operation ready for a new owner. Located at [Address Redacted], this 1,540 square foot establishment boasts a brand-new build-out completed in 2013, featuring a fully equipped commercial kitchen and ample refrigeration. The current lease has seven years remaining, expiring December 31, 2031, with a monthly rent of $2,722.98. The restaurant comfortably seats 46 guests and includes extensive equipment: a POS system, six TVs, a smoothie machine, beer and wine coolers, a pizza oven, a six-burner stove with oven, deep fryer, steam table, multiple prep tables and refrigerators, walk-in cooler and freezer, and more. In 2022, the business generated $398,127 in net sales, resulting in an owner benefit of $15,321. The restaurant is currently open Sunday through Thursday from 11:00 am to 9:00 pm and Friday through Saturday from 11:00 am to 10:00 pm, employing one part-time employee. The asking price is $250,000. Additional storage is available in two exterior trailers. The seller is retiring and is open to providing training and sharing recipes. The location offers significant growth potential through catering to nearby schools, hosting private parties, and expanding social media presence. Limited competition in the area presents a strong opportunity for continued success. This is an exceptional opportunity to acquire a well-established, profitable business with a long-term lease in a desirable location.

Location Insight

City

Hollywood

County

Broward

State

Florida

Longitude

-80.2235

Latitude

26.0195