MergerPlace

Beautiful Italian Rest, and Pizzeria

Florida (Palm Beach)


  • Asking Price: $275,000
  • Gross Income: $638,145
  • Cash Flow: $175,556
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $175,000
  • Listing ID: #208645
  • Established: 2010
  • Employees: 12

Business Description

Beautiful busy and very profitable Italian Restaurant & Pizzeria, w/ seller financing. Voted one of the best Italian restaurants in the area multiple times. Owner is ready to retire. Chef, sous chef and experienced staff in place. Restaurant seats 74, plus 12 at the bar. Serving classic Italian dishes, delicious pizza and a great variety of beer and wines. Long term lease with low rent & 2-5 year renewal options available.Excellent turn-key opportunity, Est. 8 years, Should qualify for a visa.. Please refer to listing number 6401-553376 and advisor Max Crescenzi when inquiring.


Business Details

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

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $275,000
Gross Revenue: $638,145
Cash Flow: $175,556
FF&E: $175,000
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 6,587 Square Footage: 2,400 Building Type: Plaza Terms & Options: 2-5 year options Expiration Date: 7/31/2020

Reason for selling:

Retirement

Support & Training:

Seller will train for 1 week at no cost

Contact Business Seller

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Business Listed By:

Max Crescenzi

Transworld Business Brokers