Authentic Italian Restaurant Pizzeria And Bar
Not Disclosed, FL Palm Beach County
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- RE: Authentic Italian Restaurant Pizzeria And Bar
- Contact: Max Crescenzi
Quick Facts
| Asking Price: | $200,000 | |
| Annual Revenue: | $1,215,214 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $112,997 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $113,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 16 | |
| BBN Listing #: | 1784630 | |
| Broker Reference #: | 6401903592 |
Business Overview:
Wow! This authentic Italian Restaurant and Pizzeria with a 4cop SFS Liquor License is an amazing business opportunity. The dining room and bar is an open-air concept merging the Italian cosmopolitan style with the beauty of the Mediterranean Sea. It is in a highly sought-after premier plaza with end cap exposure on a main thoroughfare, in central Palm Beach County. Average daily car count of over 67K with easy ingress and egress. The restaurant has two talented chefs who use only the freshest and best ingredients to create incredible dishes and a professional front-of-the-house staff to ensure the best service possible. The 2023 revenue is based on only 30 hours a week of operation. (Wed-Sun 4-10) The demand is there to be open daily with extended hours. The spacious dining room seats 70 including the bar and the outdoor covered patio seats 36 surrounded by lush green landscaping. Over $300k was invested in the build-out and another $113k in the top-of-the-line kitchen equipment. The owners operate two other locations in Weston and live in the Weston and Miami areas and have decided to sell this northern location due to the distance of managing it. The business name which is trademarked
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Property Features and Assets:
Lease/Month: $7,852; Square Footage: 2,681; Building Type: Plaza; Terms & Options: 1- 7 Year renewal option; Expiration Date: 1/1/2029.
Market Competition and Expansion:
Miles: 5 Years: 3
Reason for Selling:
Owns two other locations in Weston, WPB too far toAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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