Boynton Beach Italian Restaurant for Sale

Boynton Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$500,000 $916,681

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Boynton Beach Italian Restaurant for Sale Broker: Ken Eisenband

Quick Facts

Asking Price: $500,000
Annual Revenue: $916,681
Net Profit: $111,062
Cash Flow: $146,980
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 17
BBN Listing #: 82538096
Broker Reference #: 7523

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Business Overview:

Buy this Boynton Beach Italian Restaurant for sale and you will be rolling in the dough. 14 years of Goodwill and $146,980 in owner’s benefits. Seller financing available to qualified candidates.

This full service Italian Restaurant and Pizzeria Restaurant for sale has been owned and operated by the current owner for the last 11 years. The seller is looking to retire and is offering this well-maintained restaurant for sale. The seller’s revenue of $916,681 and earning of $146,980 will be proved during the due diligence period. The restaurant does not offer delivery options. By adding delivery and promoting the catering business the sales and profits could grow significantly.

Presented by We Sell Restaurants and located in Boynton Beach, FL the restaurant has excellent demographics. More than 186,000 residents live in the five-mile radius of the restaurant for sale with an average household income of more than $77,000. Situated very close to the intercoastal waterways and the ocean this location draws customers from all over Palm Beach County. Boynton Beach has a community redevelopment association that is dedicated to bringing in investors to develop the downtown Boynton Beach area. New developments are in the works just steps away from the restaurant. Part of this development includes 341 new luxury apartments. The continued development of the area has made Boynton Beach one of the most popular and accessible waterfront destinations in palm Beach County.

This full-service Italian Restaurant for sale occupies approximately 1,500 square feet in the popular strip mall and seats 50 guests in its comfortable dining room. Another 34 guests can dine outside on the very popular patio. The current lease expires on February 1, 2024 and the landlord will extend the current terms. The monthly rent including CAM and Taxes is $3,007.

The facility of this pizza shop for sale has been excellently maintained over the years. The kitchen equipment is all in great condition. The kitchen features a six-foot pizza hood and eleven-foot exhaust hood. The Bakers Pride pizza oven is double stacked and very large. The Hobart dough mixer is 60 quarts. Under the exhaust hood sits two six-eye burners with stoves, salamander, and a three-hotel pan steam table, char-broiler, and candy stock pot burner. This restaurant for sale has a walk-in cooler, ice machine and all refrigeration are commercial grade and working perfectly.

This full-service Italian restaurant for sale has separate menus for lunch, dinner, and catering. Specials are created at dinner to keep the guests coming back time and again to try something new. Lunch specials are consistent with a fixed price point and attract nearby employees, tourists, and locals. The menus include all your favorite Italian dishes. Chicken, Veal and Pasta dominate the menu, appetizer choices are plentiful, and you better save room for dessert. The restaurant features a 2COP beer and wine license so your guests can complement their meal with a glass of red wine or imported beer. Of course, pizza is offered. The restaurant features New York style pizza in both 12” and 18” sizes. The restaurant has 11 specialty pies or guests can create their own with the plentiful toppings to choose from. All recipes will transfer at closing and the seller will remain for two weeks of training at no additional cost.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

14 Tables Inside 44 Chairs Inside 6 Bar Stools 10 Table Outside 34 Chairs Outside Host Stand SS Shelving Two Door Glass Beverage Cooler Freezer Chest Dishmachine Leased Prep Table Walk in Cooler Ice Machine Freezer Two Door Low Boy cooler 60 Qt Dough Mixer Candy Stock Pot Burner Char Broiler 2 Six Eye Burner with Stove Salamander Single Door Sandwich Cooler Three Hotel Pan Steam Table Two Door Sandwich Cooler Wood Top Prep Table Slicer Double Stacked Baker Pride Pizza Oven Two Door Low Boy Cooler Two Door Pizza Cooler POS System Assorted Pot Pans Smallwares Utensils Storage Unit 350 Month 4 Blocks Away

Market Competition and Expansion:

Add Delivery services to expand sales and profits New construction in near vicinity, New City Hall being built nearby

Reason for Selling:

Retiring

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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