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Business For Sale

Landmark Italian Restaurant - 12625

Lake Worth, FL

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$200,000
$571,042
$131,422
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$70,000
Not Disclosed
45
11
7340630
Owner Financing is Available!
$100K @ 6% for 60 mos.

Business Overview:

A landmark in suburban Palm Beach County, this 45 year old 62 seat Italian restaurant can be yours. Open 7 days, lunch/dinner. Does some catering, can improve. Beer-Wine license. Ave. ticket:$16.dinner, $9.lunch. Weekends see a 3 X dinner table turn. New lease eff. 3/1/12 @ lower rent. 85% of customers are repeat. Revenues: 65% dinner/25% lunch/10% takeout-delivery. Seller w/hold note for qualified Buyer with direct restaurant experience. See presentation report for detailed financial & supporting data. Please refer to listing #16412625 & ask for Randy Bring when inquiring.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

1,500 sq. ft. end cap/plaza @ $2,100/mos.

Market Competition and Expansion:

Unknown/Unlimited

Reason for Selling:

Owner taking corp restaurant position

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: