MergerPlace

Quaint and Authentic Italian Restaurant

Florida (Palm Beach)


  • Asking Price: $399,000
  • Gross Income: $769,022
  • Cash Flow: $248,137
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $50,000
  • Listing ID: #203765
  • Established: 2001
  • Employees: 6

Business Description

Elegant Italian restaurant serving authentic recipes from Italy and the Mediterranean. Established for 16 years. Seller owns the building and is offering rent only $3,500 plus 2 months free! Prime location with valet parking. Extensive inventory of fine wines not included in sale price. 3 full time/ 3 part time employees. Sellers closes 2 months per year for travel. Financials reflect 10 months of activity and only open for dinner. This is truly a must see and taste opportunity! Please refer to listing number 6401-90258 and advisor Simon Polzer when inquiring.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $399,000
Gross Revenue: $769,022
Cash Flow: $248,137
FF&E: $50,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 3500 Square Footage: 1800 Building Type: Stand Alone Terms & Options: Long Term Lease Available Expiration Date: 12/1/2017

Support & Training:

Seller will train for four weeks at no additional cost

Contact Business Seller

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Business Listed By:

Simon Polzer

Transworld Business Brokers