Current Use by Public Records
- Retail properties & Spaces
Property Details for 000 Profit
- Year built
- 2016
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving pizza restaurant in Port Charlotte, Florida, presents a unique investment opportunity. Established in 2016, this 9,000 square foot, non-franchise establishment boasts over $3.5 million in annual sales and a remarkable $400,000 profit. The restaurant features ample indoor seating for 300 guests, complemented by a large outdoor patio, perfect for al fresco dining and live entertainment. A full bar adds to the revenue streams. The business benefits from a substantial online presence, evidenced by over 3,000 Google reviews with a 4.6-star rating. The fully equipped kitchen includes a 15-foot hood, pizza ovens, fryers, a full range of prep tables and refrigeration, and extensive smallwares. The sale includes a POS system, security system, and all existing furniture, fixtures, and equipment. The current lease runs until December 31, 2027, with a monthly rate of $17,000. Seller financing is available. The owner, retiring, will provide two weeks of training. This is a turnkey operation with significant growth potential, given the current limited hours and lack of advertising and delivery services. The restaurant employs 20 people. Inventory is not included in the asking price of $1,600,000.
Value Estimations
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AI approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Charlotte
- County
- Charlotte
- State
- Florida
- Longitude
- -82.0516
- Latitude
- 26.9845
