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ON-MARKET
ITALIAN RESTAURANTS

Italian Restaurant & Pizzeria with the Real Estate in Florida

Satellite Beach, FL

$625K
Asking Price
Revenue
Cash Flow

Overview

Our business have been open for nearly 10 years, serving a loyal customer base as well as a steady stream of new tourists. It is managed with maximum efficiency, designed to increase revenue, reduce costs, and make preparation, management, and service operations as simple as they are professional. Over the years, we have built a strong following that consistently supports and promotes our new creations, making marketing virtually free through word-of-mouth.
This reputation has been earned by serving our community with top-quality products and long-standing consistency. The Restaurant location is positioned in prime areas of the county, ensuring excellent visibility and exposure to busy traffic zones and across the beach.. The owner is selling both the restaurant business and the real estate at a below-market price — only $625,000.
Considering the cash flow of approximately $145K from the restaurant being open only 27 hours weekly, managed as an absentee owner and paying rent, this package is truly a rare opportunity. The reason for the sale is the owner’s urgent, severe health issues, making this an unbeatable deal for the right buyer. To recap, we are selling a restaurant and pizzeria with a wood-fired oven that has been open for about 9 years, generating a net profit of $145,000 while operating only 27 hours per week as absentee owners and paying rent.
It has an excellent customer base and strong social media following, and it is located at 586 Jimmy Buffett Hwy in Florida, in a very prime location. Florida’s lack of State Taxes and overall low and business-friendly tax environment make this an even more attractive opportunity. You can purchase our business in two ways: Business Only: $300,000 with a monthly lease of $2,500 Restaurant Business + Real Estate: $625,000 This is an excellent investment both for an Absentee Owner and an Owner-Operator.
Pre-Approved SBA included the Real Estate Basic request: industry experience, 640+ score,10% down payment, no recent Defaults, Bankruptcy, or foreclosure Connected link to apply for the Business & Real Estate: https://apply.loanbud.com/business-acquisition/050cd273-ba7f-44f6-8c93-b81c64b88fab Ready to run, ready to grow – the perfect investment awaits!

Key Details

Year Established2016
StateFL
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