1 Good Pizza Place,
Ormond Beach FL, 32174
Description
THIS IS A CONFIDENTIAL LISTING OF A WELL KNOWN AND ESTABLISHED 70+ SEAT RESTAURANT FACILITY THAT HAS OVER 20+ YEARS EXISTENCE WITHIN THE LOCAL MARKET IT SERVES. THE BUSINESS IS IDEAL AS A FAMILY RUN OPERATION WITH CONSISTENT CASH FLOWS EVEN IN THE PRESENT COVID-19 ENVIRONMENT, AS THERE IS TAKE OUT AND DELIVERY SERVICE WHICH MAINTAINED THE BUSINESS WITH MINIMAL EFFECT DUE TO THE VIRUS AFFECTING MANY OTHER BUSINESSES. THIS BUSINESS HAS 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# | 1060265 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 23 |
Features
| SQ Feet | 2,000 |
|---|---|
| Story(s) | 1 |
| Zoning | COMMERCIAL |
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| Area Information | |
|---|---|
| State | FL |
| County | Volusia |
| City | Ormond Beach |
| Zip Code | 32174 |
| Area | Volusia |
| Listing VS Median (in 32174) | |
Price: $325,000 low | high Med: $284,900 SqFt: 2,000 low | high Med: 1,860 $ / SqFt: $163 low | high Med: $153 On Site: 23 low | high Med: 3 Sourced by Back At You | |
MLS Number: 1060265Listing Provided By:
Panagiotis "Pete" Klironomos of NSB Homes LLC