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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

000 Annually Fort Lauderdale, FL 33316

4,956 SF Built 1990
Property ID
Property summary
AI-generated overview

This thriving Fort Lauderdale pizzeria, operating for over 33 years, presents a unique investment opportunity. Boasting annual sales exceeding $1.5 million and a net owner-operator income of over $212,000, this well-established business is a proven money-maker. The 4,956 square foot, two-story space includes a fully equipped commercial kitchen designed for high volume, featuring four large pizza ovens, a six-eye burner with oven, flat-top grill, char-broiler, two fryers, and extensive commercial refrigeration. The restaurant comfortably seats 40 guests and offers dine-in, pick-up, and delivery services, utilizing both its own delivery drivers and third-party services. The current lease, expiring June 29, 2026, includes two five-year renewal options, and the monthly rent is less than 10% of gross sales. The business is fully staffed with 20 employees, allowing for absentee ownership. The current owner, who handles only administrative tasks, will provide two weeks of training at the time of sale. The sale includes a well-established website that facilitates online ordering. The menu features a wide variety of pizzas, Italian favorites, and other popular items, and the restaurant holds a 2COP license for beer and wine sales. This prime downtown Fort Lauderdale location, near a major hospital and surrounded by office buildings and apartments, ensures a consistent customer base, eliminating the need for advertising. The asking price is $495,000, with seller financing available to qualified buyers with a $300,000 down payment. This is a turnkey operation ready for a new owner to step in and continue its success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 4,956 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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