Italian Restaurant Pizzeria, 19 Yr. Lease, Prime Loc. W
Not Disclosed, FL Palm Beach County
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- RE: Italian Restaurant Pizzeria, 19 Yr. Lease, Prime Loc. W
- Contact: MAX CRESCENZI
Quick Facts
| Asking Price: | $335,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $65,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 7 | |
| BBN Listing #: | 954594 | |
| Broker Reference #: | 6401920530 |
Business Overview:
Rare opportunity! Beautiful Italian restaurant and pizzeria asset sale, located in a prestigious and high-end area of Palm Beach County.
The restaurant is next to one of the largest luxury movie theaters in SE FL, in a premium well-anchored plaza with 87 seats inside and 32 seats on the outside covered patio.
The lease has 19 years remaining and an unbelievably low rent of only $4,412 a month which includes garbage & water. The Restaurant will meet the County requirements for a 4COP SFS full liquor license which costs about $1,900 a year.
This is a rare restaurant opportunity ready for a new owner just in time for the upcoming season. Buyer's NDA and personal financial statement are required prior to full disclosure.
Please refer to listing number 6401920530, business broker Max Crescenzi when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $4,412 Square Footage: 2,000 Building Type: Plaza Terms & Options: 2-5 years options Expiration Date: 4/12/2033
Market Competition and Expansion:
Reason for Selling:
New venture outside the restaurant industryAdditional 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
Relevant Links:
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