MergerPlace

Premier Italian Restaurant, Bar

Florida (Palm Beach)


  • Asking Price: $449,000
  • Gross Income: $1,500,000
  • Cash Flow: $300,000
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $400,000
  • Listing ID: #210913
  • Established: 2007
  • Employees: 22

Business Description

Since its inception in 2007, this Italian restaurant has been the staple of the finest Italian food in this thriving Palm Beach suburb. Beautiful build out featuring over 4800 sq ft with a private dining room, outside seating and full bar. Long term lease (15 years remaining) and 4COP license in place. Currently only operating from 4-10pm leaving a huge opportunity for lunch, late night and take out that is not being utilized. This restaurant will not last long. Please refer to listing number 6401-173030 and advisor Joshua Sagman when inquiring.


Business Details

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

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 22

Financial Information

Asking Price: $449,000
Gross Revenue: $1,500,000
Cash Flow: $300,000
FF&E: $400,000
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 7,900 Square Footage: 4,800 Building Type: Strip Mall Terms & Options: 3 years - 15 year options Expiration Date: 2/1/2021

Reason for selling:

Other business opportunities

Support & Training:

Seller will train for 4 weeks at no cost

Contact Business Seller

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Business Listed By:

Joshua Sagman

Transworld Business Brokers