$43,000
$40,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
1,200 SqFt
SOLD DATE : 12/19/2023
Key Details
Sold Price $43,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $35
Subdivision Timber Hills Plaza Ph 2
MLS Listing ID U8216672
Sold Date 12/19/23
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1998
Annual Tax Amount $16,895
Lot Size 1.360 Acres
Acres 1.36
Property Description
(Turn Key Pizzeria-FOR SALE)Yo Pauleys Slice Shop has been in this location for 2 years, entering our 3rd year. Since opening the proprietor has not had to reinvest any “new money” to keep our shop going. It has paid the bills, purchased inventory, and provided an income for the proprietor, his son, and the staff. We currently operate a 4-5 day work week due to a food truck operation, but losing one of the operators due to an employee relocation has made it very difficult to cover all locations efficiently. This location has generated an annual 6 figure income with limited hours of operation without offering delivery service. They currently use Uber Eats and Doordash. The business and name are not for sale and only the assets to continue operating as your own pizzeria concept. The following assets are offered For Sale included in the $40k price a 3-deck Peerless electric pizza oven, a 4-deck Peerless propane pizza oven, 2 undercounted beverage coolers,1 countertop open-air cooler, 2-door upright true cooler, 1-upright Ex Large freezer, 1-smaller chest freezer, 1-6’ pizza prep table, 1-commercial microwave,1-electric counter top fryer,1-counter top steam table, 2-stainless steel tables, 2-stainless steel equipment stands, 1-20 qt dough mixer, 1-full tray speed rack, 12- farm style chairs, 12-farm style bar stools, 3-4 top high tops,3 4-top low tops,1-cash register,7- Shelving racks, dozens of storage contains,
all pizza trays, cutting equipment, serving equipment, and 1 custom glass pizza display case, included with the pizzeria but not as “a sale item” (Landlord's Asset) an exhaust hood, large 3-bay sink, and hand sinks.
This is an asset sale for an operating pizza shop. The cost to operate the shop alone with rent and utilities is an average of $2,500 per month. It has been a very profitable little shop for the proprietor, but he needs to run one business not three. The housing demographics are strong for this location with hundreds of regular customers visiting weekly/monthly.
Location
State FL
County Hernando
Community Timber Hills Plaza Ph 2
Zoning RETAIL
Interior
Heating Central, Electric, Exhaust Fan
Cooling Central Air
Flooring Ceramic Tile
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Parking Features Parking Spaces - 6 to 12
Utilities Available Public
Roof Type Membrane
Building
Story 1
Entry Level One
Foundation Block, Slab
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Construction Status No Contingency
Others
Ownership Sole Proprietor
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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