New Italian PIZZA & Pasta Restaurant for sale - "Great Value"

Enter Listing Number to go to:       Listing No: BBF-890717013 Category : Restaurants SIC : 5812 Detail : Pizza Shop Price : 139,000 County : Pasco Down : 100,000 State/Prov : Florida Adj Net : 85,645 Country : USA Sales : 384,895 Fantastic Location, Great Build-Out. Great Sales. Italian Pizza, Pasta and Sandwich Restaurant needs attentive owner to take it to the next level. Large customer base and growing. New market opening up as a major construction project is finishing up on this busy road in a high traffic Plaza. Sales are growing along with profits. Must See. Financing available to qualified buyer, Owner will discount for Cash. Landlord open to discount lease to $18/sq/ft for greater profits Reason for Sale : Corporate Job / Needs Attentive Owner General Location : Tampa Bay Organization Type : Corp 'Sub S' Hours Owner Works: 5 : Years Established: 2 Years Owned: 2 Emp FT: 2 Emp PT: 8 Mgrs: 8 Non Compete : Miles: 15 Years: 3 Weeks Training: 1 Cost: 0 Operating dys/hrs : Mon-Sat 11-9, Sun 12-9 Skills/Licenses : Management Business is : Relocatable: N Home Based: N Franchise: N Lender P/Q: N Previous Listing | Last Listing | Agent's BLI | Buyer's BLI | Single Line Listings Add Disc to Docs Cart | Add BLI to Docs Cart | View Docs Cart | Main Menu Data Source Owner to Prove Owner to Prove Year (Cash Flow) 2010 (Y) 2009 (Y) (N) Gross Revenue 384,895 377,135 0 Cost of Goods 129,566 112,391 0 Gross Profit 255,329 264,744 0 Expenses 235,920 251,478 0 Net 19,409 13,266 0 Owner Salary 40,958 38,235 0 Benefits 1,925 1,925 0 Interest Expense 4,700 6,250 0 Depreciation 18,653 11,714 0 Other 0 0 0 Owner Benefit 85,645 71,390 0 Accounts Rec 0 N* Real Estate 0 N* Inventory 1,500 Y* ___________ 0 N* F F & E 21,000 Y* Total Assets 97,500 Y* Leasehold 75,000 Y* *Included? Lease/Month: 5000 Square Footage: 1750 Building Type: Plaza Terms & Options: Negotiable Expiration Date: 12/31/2011 Loan/Assumable - Amt: 0 Mos: 0 Rate: 0.00 Mo Pmt: 0.00 Loan/Seller - Amt: 39,000 Mos: 36 Rate: 6.00 Mo Pmt: 1,186.46 Loan/Other - Amt: 0 Mos: 0 Rate: 0.00 Mo Pmt: 0.00 CHRISTOPHER SAVAGE Office : (813) 784-4457 ASSOCIATE Agent Direct : (813) 784-4457 FLORIDA BUSINESS EXCHANGE INC Fax : (813) 835-9851 550 REO ST, SUITE 300 Cell : (813) 784-4457 TAMPA, FLORIDA 33706 Email : cesavage@verizon.net USA Home Page : savagebusinessgroup.com The seller provides all data and financial information on this business for informational purposes only. The broker does not warrant the above information and advises the buyer to seek professional advice when purchasing a business. This offering by the seller is subject to change or withdrawal without notice. This information sheet has been prepared on a confidential basis exclusively for: Contact Chris Savage Visit the Florida Business Exchange Website      Watch Videos Search other Businesses for Sale