MergerPlace

Long established Italian Restaurant

Florida (Palm Beach)


  • Asking Price: $230,000
  • Gross Income: $475,567
  • Cash Flow: $123,162
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $80,000
  • Listing ID: #210509
  • Established: 2008
  • Employees: 8

Business Description

Intimate and fine dining for Italian specialties in upscale neighborhood of South Palm Beach County. Seating for 60 (42 indoor & 18 outdoors). Dine in, take-out, delivery & catering. Fully equipped restaurant with hood system, walk-in cooler & freezer. New stove and refrigerator. 2COP. Open only for dinner, closed on Sundays. Clear books and great demographics. Great opportunity for new owner/operator. E2 Visa possible. Please refer to listing number 0101-554960 and agent Marcelo Jo when inquiring on this listing.


Business Details

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

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $230,000
Gross Revenue: $475,567
Cash Flow: $123,162
FF&E: $80,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month:4233.57 Square Footage: 1600 Building Type: Retail Terms & Options: 5yrs+option Expiration Date: 6/30/2020

Reason for selling:

Moving out of State

Support & Training:

Seller will train for 3 weeks at no cost.

Contact Business Seller

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Business Listed By:

Marcelo Jo

Transworld Business Brokers