$325,000

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 TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1980
Days On Site23

Features

SQ Feet2,000
Story(s)1
ZoningCOMMERCIAL
Loading Form
Loading Form
Area Information
StateFL
CountyVolusia
CityOrmond Beach
Zip Code32174
AreaVolusia
Listing VS Median (in 32174)
Price:
$325,000
low | high
Med:
$257,450
70.784615384615% of Average
SqFt:
2,000
low | high
Med:
1,000
100% of Average
$ / SqFt:
$163
low | high
Med:
$81
100% of Average
On Site:
23
low | high
Med:
94.500000
24.338624338624% of Average
Sourced by Back At You
Listing Updated: March 7, 2021 8:01:25 PM PST
Panagiotis MLS Number: 1060265
Listing Provided By:
Panagiotis "Pete" Klironomos  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 New Smyrna Board of Realtors.
Real Estate Links Our Domains