MergerPlace

Northern Palm Beach Italian Restaurant

Martin County, Florida


  • Asking Price: $250,000
  • Gross Income: $610,527
  • Cash Flow: $120,000
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $150,000
  • Listing ID: #211914
  • Established: 2017
  • Employees: 13

Business Description

For over 27 years this Italian family has produced the best Italian food and pizza's in Northern Palm beach County. They decided to expand into Martin county and due to the travel restraints have decided to sell their 2600 sq ft restaurant. They spent over 300k on furniture, fixtures and kitchen equipment. They have only been open for 2 Years and did over 600k in 2018 without being open for lunch or special events. Tremendous opportunity for an owner operator to step right into this turnkey restaurant. Great Location with low rent. Please refer to listing #6401-532081 Business Broker Joshua Sagman when inquiring about this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Martin County

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 13

Financial Information

Asking Price: $250,000
Gross Revenue: $610,527
Cash Flow: $120,000
FF&E: $150,000
Inventory: $10,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 3300 Square Footage: 2600 Building Type: Strip Mall Terms & Options: 10 years and (2) 5 years Expiration Date: 2/1/2027

Reason for selling:

Too long of a drive between Restaurants

Support & Training:

owner will train for 2 weeks at no cost

Contact Business Seller

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Business Listed By:

Joshua Sagman

Transworld Business Brokers