47-Year-Old Italian Restaurant with Real Estate

Listing Number: 0101-921015


RESTAURANT-BUILDING-LAND! 10% DOWN. Owner's retirement creates this very rare opportunity to acquire this free-standing restaurant & property on highly trafficked N.-S. Broward County corridor. Well known, historic brand! Great exposure w/marquis signage & 33 dedicated parking spaces. Structure is 4,066 SF, lot is 19,249 SF. Building features large working kitchen, walk-in coolers & freezers. Seating in current configuration for 175 w/table & booth layout. Two, 10-ton AC units, 15-year-old roof was re-coated 2 years ago. Own this property for less than what you would pay in rent assuming 10% down, 25-year mortgage @5.50% is $6,478 a month! Zoned B-3- General Business. This offering is for the business as a going concern w/land and building. Buyer may purchase building & real estate without name and current concept (SEE LISTING #164-959845). This building is PERFECT for any sit down concept; Diner, Asian, Mexican, BBQ, etc. Contact listing Broker for full demographic/census package.

Listing Details

  • Price: $1,295,000
  • Down Payment: $2,590
  • Sellers Discretionary Earnings: $40,418
  • Total Sales: $377,490
  • Location: Broward County, Florida

  • Inventory: $4,000
  • FF&E: $40,000
  • Employees: 15
  • Year Established: 1973
  • Reason for Selling: Retirement
  • Category: Restaurants
47-Year-Old Italian Restaurant with Real Estate

Business Listed By:

Randy Bring