Brand New Turn Key Italian Restaurant and Pizza Sh

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$299,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Brand New Turn Key Italian Restaurant and Pizza Sh Broker: Joshua Sagman
Owner Financing is Available!
Loan/Seller - Amount: $100,000; Months: 24; Rate: 8.00% Monthly Payment: $4,522.73

Quick Facts

Asking Price: $299,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $39,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 17
BBN Listing #: 7391630
Broker Reference #: 6401965701

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Business Overview:

Amazing opportunity to own a Brand New Fully BuiltOut Turn-Key Italian Restaurant and Pizza Shop. The owner spent over $600k on the build-out and equipment. Located in central Palm Beach county off of a major intersection. There is currently management and staff in place. The Absentee owner is not a restaurateur and looking for an owner operator who knows the business. Please refer to listing 6401965701, business broker Joshua Sagman when your inquire about this listing.

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Property Features and Assets:

Lease/Month: $8,400; Square Footage: 4,750; Building Type: Strip Mall; Terms & Options: 5 years and options; Expiration Date: 10/1/2025.

Market Competition and Expansion:

Non Compete : Miles: 10 Years: 2

Reason for Selling:

Owner is Not a Restaurateur.

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.

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