St. Simons Island GA Italian Restaurant & Pizzeria for Sale

by Steven Josovitz

Post image for St. Simons Island GA Italian Restaurant & Pizzeria for Sale

#1845

BEAUTIFUL FULLY RENOVATED PIZZARIA/RESTAURANT AVAILABLE

ST SIMONS ISLAND GA  31522

AUTHENTIC ITALIAN RESTAURANT BRICK OVEN PIZZERIA.

VERY EFFICIENT OPERATION WITH 3200 SQ FT FULLY REMODELED ITALIAN RESTAURANT PIZZERIA.

PLENTY OF PARKING, GOOD VISIBILITY, AND SIGNAGE.

MINUTES OFF FJ TORRES CAUSEWAY AND MINUTES FROM ST SIMONS LIGHTHOUSE VILLAGE AND SHOPPING. AIRPORT, AND RELAXING FAMILY ORIENTED BEACHES. A FEW MILES FROM SEA ISLAND, JEKYLL ISLAND, BRUNSWICK SHOPPING, SAMS CLUB AND MINUTES FROM RESTAURANT DEPOT AND COSTCO IN JACKSONVILLE FL. 

INCLUDES RECIPES, FIXTURES, FURNITURE AND EQUIPMENT (FF&E 80.000 INCLUDES COMPS AND SOFTWARE $7,500) SUPPLIES (INVENTORY $7,000) 

3 MONITOR COMTREX POS SYSTEM COMTREX SOFTWARE WITH BACK OFFICE.

2 PHONE SYSTEM WITH MAIN TELEPHONE NUMBER AND TWO EXTRA ROLL OVER NUMBERS AND SECURITY SYSTEMS.

RESTAURANT IS FULL SERVICE WITH LEASE IN PLACE. BUSINESS IS LIQUOR LICENSED WITH FULL OPERATING WINE BAR. BAR SEATING 32 – 34 PEOPLE, 

DINING AREA SEATING 46, PIZZA AREA SEATING 14 RESTAURANT SEATS UP TO 94 PEOPLE. 

OFFERING DINE-IN, TAKE-OUT, AND THE ISLAND OFFERS A DELIVERY SERVICE, MAKING THIS SERVICE COST EFFECTIVE.

RESTAURANT OPERATES 6 DAYS A WEEK MONDAY – SATURDAY 5 TO 10 PM.

BUILDING OWNER/LANDLORD IS VERY FAIR, KEEPS UP BUILDING FACADE WITH YEARLY PAINT AND POWER WASHING AND LANDSCAPING. 

POTENTIAL SALES GROWTH: OFFERING IN HOUSE AND OFF-SITE CATERING, WEEKLY SPECIALS, ON-LINE ORDERING, THERE ARE OPPORTUNITIES TO PARTICIPATE AT ISLAND EVENTS MONTHLY. WHICH ARE EXCELLENT EXPOSURE WHEN NOT SENDING MENUS, ADVERTISING IN BRUNSWICK, AND JEKYLL ISLAND. 

SOCIAL MEDIA: WEBSITE, SINGLE PLATFORM MENU, GOOGLE MENU, FACEBOOK PAGE, AND WEBSITE. All IS OPTIONAL FOR NEW BUYER.

ADVERTISING: ISLAND MAGAZINE, MENU DISTRIBUTION, AND ALL HOTEL ADVERTISING PAID IN FULL FOR 2018.

COUNTY, STATE, VENDORS, COMPUTER SUPPORT AND REPAIR, AND EQUIPMENT REPAIR, AND UTILITY REPAIR INFORMATION AVAILABLE.

SALES GROSS ESTIMATE:

“2016” 350,000 {WE WERE OPEN FOR LUNCH AND DINNER 7 DAYS A WEEK IN 2016)

“2017” 210,000 ( WE ARE OPEN FROM 5 TO 10 PM 6 NIGHTS A WEEK SINCE JAN 2017)

Expenses Per Average Monthly

Rent            3800

Electric               1100

Gas              289 

Tele/Int/TV     249

Water         135

Payroll                 1200           

Licenses      180

Liquor                    320

Insurance       520

Repairs/Main        30 

Supplies/paper       10

Linens       250

Exterminator         95

Lease Equip.         85

Merchant Fees       600-700

Advertise                 50

TOTAL MONTHLY EXPENSES: $8,913 

YEARLY EXPENSES: $106,956

PAYROLL PERIOD 1ST AND 15TH OF EVERY MONTH TO KEEP PAYROLL TAXES DOWN AND TO SPLIT THE MONTHLY COSTS. 

AVERAGE PAYROLL TAXES ARE 300-341 PER PAYROLL PERIOD TOTALING 600 TO 700 PER-MONTH PAYROLL TAXES AS OF DECEMBER 2017.

SALES TAX MONTHLY RANGE FROM 700 TO 800 PER-MONTH FOR ST SIMONS ISLAND GA, AS OF DECEMBER 2017.

PRICED AT $189,000 WITH OWNER FINANCING OPTIONS.

Print Friendly, PDF & Email

Click here to sign up for our free email alerts
to get new listings, price changes, updates and news.

If you need more information about this or any of our other listings,
please click here to electronically fill out our CA/NDA.

Previous Listing:

Newer Listing: