Pizza, Buffalo Wings, Beer/Wine Same owner 40 years

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30405391
Property Subtypes: Food and Beverage
Building Size (RSF): 2,500 SF
Sale Price: $129,000
In Opportunity Zone? Yes
Name of Establishment: Confidential
Year Business Established: 1978
Gross Revenue: $220,000 (Annual)
Cash Flow: $70,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Make an offer
Last Updated: 7/2/2019

Overview / Comments

Super established/40 yrs SAME OWNER WITH EXCELLENT FINANCIALS/TAX RETURNS to verify income. Awesome Buffalo style chicken wings with pizza, beer & wine. Seats 49. A family operation could net easily net closer to $100K per year. Minutes from Trinity. 400 new homes being build right now within walking distance. Excellent staff. Great parking with excellent visibility. Super opportunity to own a super established chicken wing and pizza business.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retirement
Value of Inventory Included ($): $1,700
Value of Furniture, Fixtures, and Equipment ($): $50,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 9 part timers
Mgmt/Training Support Description: Seller will stay on for 2 weeks included in price. 40 hrs a week.
Competition/Market Description: Normal but no one has the Buffalo wings he has..
Growth/Expansion Opportunities: Family operation would be helpful and would add to the bottom line.
Seller Financing Description: none offered but said he would look at all SERIOUS offers

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282

Contact

Photograph of Listing Agent

Melisa Hartsell

Apex Brokerage, Inc.
CE-FL Member
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