Current Use by Public Records
- Retail properties & Spaces
Property Details for 000 Annually
- Year built
- 1973
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving Cooper City pizzeria, established in 1973, offers a turnkey opportunity for a new owner. Boasting 1,743 square feet, the restaurant comfortably seats 54 guests and features a fully equipped commercial kitchen including a four-level rotating stone pizza oven, a walk-in cooler, and a 60-quart Hobart dough mixer. The current lease, expiring May 31, 2026, includes two five-year options and a monthly rent of $4,601, encompassing all CAMs and taxes—representing only 7% of gross sales. The business model is diversified, with sales evenly split between dine-in, pickup, and delivery (utilizing Uber Eats and DoorDash). In 2023, the restaurant generated $844,669 in sales, netting the seller $166,635. This consistent profitability, coupled with strong financials over the past few years, makes this a prime candidate for SBA lending. The restaurant enjoys a loyal customer base within a thriving demographic area: the three-mile radius boasts a population of 100,754 with an average household income of $80,575, while the five-mile radius encompasses 285,083 residents with a similar income level. The current owner, who manages the business and works approximately 45 hours per week, employs a staff of 15. The sale includes the established name, recipes, and operating licenses. Two weeks of training are provided. This is a rare opportunity to acquire a well-established, profitable restaurant with significant growth potential in a desirable location.
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
- Davie
- County
- Broward
- State
- Florida
- Longitude
- -80.2712
- Latitude
- 26.0726
