1 Good Pizza Place 2,
Ormond Beach FL, 32173
Description
THIS IS A CONFIDENTIAL LISTING OF A WELL KNOWN AND ESTABLISHED 70+ SEAT RESTAURANT FACILITY THAT HAS OVER 30+ YEARS IN EXISTENCE. THE BUSINESS IS IDEAL AS A FAMILY RUN OPERATION WITH CONSISTENT CASH FLOWS EVEN IN THE PRESENT COVID-19 ENVIRONMENT, AS THERE IS EAT-IN, TAKE OUT, AND DELIVERY SERVICE, WHICH HAS MAINTAINED ITS BUSINESS REVENUES WITH MINIMAL EFFECTS DUE TO THE CURRENT PANDEMIC. THIS BUSINESS MAINTAINS CONSISTENT TAX RETURNS REFLECTING PROFITABILITY WITH 8 YEARS REMAINING ON THE PRESENT LEASE THAT MAINTAINS A ''COMPETING MENU RESTRICTION'' BETWEEN THE PRESENT OWNER AND THE LANDLORD'S RETAIL CENTER. THE LEASE HAS NO INHERENT CAM FEES ALONG WITH NO ROOF RESPONSIBILITIES FOR THE TENANT AND A $300 MAXIMUM CHARGE FOR ANY HVAC REPAIRS THAT WOULD ARISE FROM NORMAL STORE OPERATIONS.
Details
| MLS# | 1074563 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 15 |
Features
| SQ Feet | 8,000 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Zoning | Retail |
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| Area Information | |
|---|---|
| State | FL |
| County | Volusia |
| City | Ormond Beach |
| Zip Code | 32173 |
| Area | 46 - Ormond N of Tomoka River, E of US1 |
| Listing VS Median (in 32173) | |
Price: $325,000 low | high Med: $325,000 SqFt: 8,000 low | high Med: 8,000 $ / SqFt: $41 low | high Med: $41 On Site: 15 low | high Med: 15 | |
MLS Number: 1074563Listing Provided By:
Donna Concannon of NSB Homes LLC