Current Use by Public Records
- Retail properties & Spaces
Property Details for 000 Income!
- Year built
- 2013
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This established Oviedo pizza restaurant, built in 2013, offers a fantastic opportunity for a new owner. Boasting 1,513 square feet of space and seating for 22, this business generated over $119,000 in cash flow last year, with gross revenue exceeding $384,802. The current lease, expiring March 31, 2027, has a monthly rent of $3,427 (including all triple net charges and sales tax), with a low 3% annual rent increase. The sale includes all equipment: two pizza ovens, a 15-foot hood system, ample refrigeration and preparation equipment, POS system, furniture, and more. The restaurant benefits from its location near the University of Central Florida and a high average household income exceeding $135,000 in the area. The current owner is offering two weeks of training and additional support to ensure a smooth transition. This is a turnkey operation with a proven track record and significant growth potential, especially considering the owner hasn't yet capitalized on delivery or third-party services. The restaurant currently employs four people and operates Monday through Saturday from 11 AM to 8 PM, and Sunday from 11 AM to 6 PM. This is a rare opportunity to own a profitable, established business with a strong income stream and significant upside. The asking price is $189,500.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oviedo
- County
- Seminole
- State
- Florida
- Longitude
- -81.1968
- Latitude
- 28.6777
