$325,000

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 TypeFor Sale
Sub-TypeResale
StatusActive
Year1984
Days On Site15

Features

SQ Feet8,000
Story(s)1
Units6
ZoningRetail
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Area Information
StateFL
CountyVolusia
CityOrmond Beach
Zip Code32173
Area46 - Ormond N of Tomoka River, E of US1
Listing VS Median (in 32173)
Price:
$325,000
low | high
Med:
$325,000
50% of Average
SqFt:
8,000
low | high
Med:
8,000
50% of Average
$ / SqFt:
$41
low | high
Med:
$41
50% of Average
On Site:
15
low | high
Med:
15
100% of Average
Listing Updated: February 28, 2021 4:21:26 AM PST
Donna Concannon LogoMLS Number: 1074563
Listing Provided By:
Donna Concannon  of  NSB Homes LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Daytona Beach Board of Realtors.