High Volume Italian Restaurant, Pizzeria
Not Disclosed, FL Palm Beach County
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- RE: High Volume Italian Restaurant, Pizzeria
- Contact: Max Crescenzi
Quick Facts
| Asking Price: | $595,000 | |
| Annual Revenue: | $1,375,025 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $257,420 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $90,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 12 | |
| BBN Listing #: | 981616 | |
| Broker Reference #: | 6401409380 |
Business Overview:
High volume, extremely profitable, and established for 7 years. This Italian restaurant and pizzeria generates over $26k in weekly sales and they are only open 6 days a week (Tuesday - Sunday 11-8 pm) (Friday - Saturday 11-9pm) Seller financing available with $350,000 down, see terms below.
Located in one of the fastest growing areas in Palm Beach County. The restaurant has a square footage of 2,119, and seats 72 customers. The rent is only $6,502 a month, there are a total 15 years remaining on the lease which is extremely valuable.
The restaurant does a lot eat-in, delivery and take-out business. The owner oversees the business and works the register.
Two fulltime cooks, two fulltime pizza makers and head server in place and all are paid very well.
This business is perfect for a family or husband wife wanting to own a successful restaurant in Palm Beach County.
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Property Features and Assets:
Leased - Mall Center
Monthly Rent: $6,502.48
Square Units: 2,119 square feet
Lease Expiration Date: March 30, 2029
Terms Options: 2-5 year renewal options available
Reason for Selling:
Other InterestAdditional 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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