Status: Sold
Very Popular Restaurant with a Great Naples Location - Listing #: 54283
Listing No: BBF-966-54283 | |
Public Pictures: ![]() |
Category | : | Restaurants | SIC | : | 5812 | |
Detail | : | Pizza Shop | Price | : | 650,000 | |
County | : | Collier | Down | : | 96,900 | |
State/Prov | : | Florida | Disc Earn | : | 183,552 | |
Country | : | USA | Sales | : | 1,678,419 |
This casual and funky restaurant exploded on the scene 6 years ago and is wildly popular in Naples. Customers want to franchise this restaurant! With this delicious and simple menu, the business could grow by opening up other locations in SW Florida and beyond. This restaurant has been positively reviewed by national influencers so there is no need to spend too much money on advertising. This restaurant occupies a 3000 SF landmark building with huge signage and high traffic counts. The owners own the property and a new owner will be offered a new long term lease. It may be possible to purchase the Real Estate as well. The restaurant is bright and open to the kitchen. There is interesting artwork and trendy music which creates a cool vibe. The seating capacity holds up to 100 people inside and 10-15 more can sit outside. Ample Parking. The restaurant is bright and open to the kitchen. There is interesting artwork and cool music which creates a cool vibe. The seating capacity holds up to 100 people inside and more can sit outside. There is ample free parking on this property with easy access in both directions. |
Documents on File | : | Equipment List: N Lease: N Corp Resolution: Y |
: | Cash Flow: N Balance Sheet: N |
: | Standard Agreement: N Signature on File: Y | |
Showing Remarks | : | CALL BROKER TO SET UP A SHOWING |
Reason for Sale | : | Other Business Interests |
General Location | : | Naples, FL |
Organization Type | : | 'LLC' Hours Owner Works: 10 |
: | Years Established: 6 Years Owned: 6 Emp FT: 27 Emp PT: 0 Mgrs: 1 | |
Non Compete | : | Miles: 5 Years: 2 Weeks Training: 2 Cost: $0 |
Operating dys/hrs | : | Tuesday-Saturday 4-9pm, Friday 11am-10pm, Sat & Sun 12-9pm |
Skills/Licenses | : | FL DPBR Wine/Beer & Seating |
Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: Y Should Qualify For Visa: Y |
Data Source | P/L Statement | P/L Statement | ||
Year (Cash Flow) | 2022 (N) | 2021 (N) | (N) | |
Gross Revenue | 1,678,419 | 1,571,745 | 0 | |
Cost of Goods | 497,646 | 500,722 | 0 | |
Gross Profit | 1,180,773 | 1,071,023 | 0 | |
Expenses | 1,125,918 | 881,903 | 0 | |
Net | 54,855 | 189,120 | 0 | |
Owner Salary | 70,000 | 0 | 0 | |
Benefits | 0 | 0 | 0 | |
Interest Expense | 55,741 | 0 | 0 | |
Depreciation | 0 | 0 | 0 | |
Other | 2,956 | 935 | 0 | |
Discretionary Earnings | 183,552 | 190,055 | 0 |
Accounts Rec | 0 | N* | Real Estate | 0 | N* |
Inventory | 15,000 | Y* | ___________ | 0 | N* |
F F & E | 175,000 | Y* | Total Assets | 190,000 | Y* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: 11000 | Square Footage: 3000 | Building Type: Free Standing |
Terms & Options: New long-term lease avail | Expiration Date: 11/30/2035 |
Lender Pre-Qualified Project Summary |
Acquisition Costs | Down Payment and Financing |
Purchase Price | 650,000 | Down Payment | 96,900 | |
Working Capital | 41,500 | Loan/Assumable | 0 | |
Loan Fees | 2,500 | Loan/Seller | 0 | |
Closing Costs | 5,000 | Loan/Other | 602,100 | |
Total | 699,000 | Total | 699,000 |
SBA Loan/Other | - Amt: | 602,100 Mos: | 120 Rate: | 9.50 Mo Pmt: | 7,791.03 |
JOSEPH ALTER | Office | : | (239) 849-9334 | |
BROKER | Fax | : | ||
Home | : | (239) 849-9334 | ||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 849-9334 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | jalter@sunbeltnetwork.com | ||
USA | Home Page | : | sunbeltofflorida.com |