1 Good Pizza Place 2

Ormond Beach, FL 32173

About this property

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.

Date Added
February 13, 2021
Listing Status
Active
Days On Site
12
MLS#
1074563

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1984
Zoning
Retail
Square Feet
8,000
Units
6
Story(s)
1
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$325,000 Active
8,000 SQFT

Presented By Coldwell Banker Coast Realty

Port Orange

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Port Orange
(386) 275-1000

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