Business For Sale

Premier Italian Restaurant, Bar and Private Dining

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$449,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Premier Italian Restaurant, Bar and Private Dining Broker: Joshua Sagman
Owner Financing is Available!
Loan/Seller - Amt: 249,000 Mos: 60 Rate: 7.00 Mo Pmt: 4,930.50

Quick Facts

Asking Price: $449,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 22
BBN Listing #: 5432630
Broker Reference #: 6401173030

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Business Overview:

Since its inception in 2007, this Italian restaurant has been the staple of the finest Italian food in this thriving Palm Beach suburb. Beautiful build out featuring over 4,800 square feet with a private dining room, outside seating and full bar. Long term lease (15 years remaining) and 4COP license in place. Currently only operating from 4-10pm leaving a huge opportunity for lunch, late night and take out that is not being utilized. This restaurant will not last long. Please refer to listing number 6401-173030 and advisor Joshua Sagman when inquiring.

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Property Features and Assets:

Lease/Month: $7,900; Square Footage: 4,800; Building Type: Strip Mall; Terms & Options: 3 years - 15 year options; Expiration Date: 2/1/2021.

Reason for Selling:

Other business opportunities.

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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