Property profile

0 Pizzeria And Italian Restaurant For Sale In Clearwater Florida Clearwater, FL 33765

OFF-MARKET
Retail properties & Spaces
2,500 SF Built 2014
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Property summary

AI-generated overview

This thriving Italian pizzeria and restaurant in Clearwater, Florida, presents a unique opportunity for a savvy investor or experienced restaurateur. Established in 2014, this 2,500-square-foot restaurant boasts a strong reputation and loyal customer base, generating over $500,000 in gross revenue. The business is an asset sale, not a franchise, and includes a fully equipped commercial kitchen featuring three pizza ovens, a six-burner gas stove with oven, ample refrigeration (including two reach-in freezers and refrigerators), prep tables, and all necessary equipment for continued operation. The inviting dining area comfortably seats 64 patrons, including booths and a semi-private area for larger parties. The lease, currently at $2,000 per month, extends until December 31, 2025. The restaurant also benefits from a beer and wine license, further enhancing its profitability. The seller is retiring, providing a seamless transition for a new owner. This turn-key operation is situated in a high-traffic area near schools and businesses, offering excellent visibility and growth potential. The sale includes all existing equipment and fixtures. The business has four employees. This is a rare chance to acquire a well-established, profitable restaurant in a prime Clearwater location. The asking price is $99,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2014
Total area 2,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Pizzeria And Italian Restaurant For Sale In Clearwater Florida Clearwater, FL 33765
Clearwater metro
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Value estimations

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Owner & transaction history

Comparables

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