Long established Italian Restaurant

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$160,000 $326,261

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Long established Italian Restaurant Broker: Marcelo Jo

Quick Facts

Asking Price: $160,000
Annual Revenue: $326,261
Net Profit: Not Disclosed
Cash Flow: $104,755
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: $5,000
Year Established: 2008
Employees: 8
BBN Listing #: 3841630
Broker Reference #: 0101750218

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Business Overview:

Intimate and fine dining for Italian specialties in upscale neighborhood of South Palm Beach County. Seating for 60 (42 indoor & 18 outdoors). Dine in, take-out, delivery & catering. Fully equipped restaurant with hood system, walk-in cooler & freezer. New stove and refrigerator. 2COP. Open only for dinner, closed on Sundays. Clear books and great demographics. Great opportunity for new owner/operator. E2 Visa possible. Please refer to listing number 0101750218 and agent Marcelo Jo when inquiring on this listing.

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Property Features and Assets:

Lease/Month: $4,233.57, Square Footage: 1600, Building Type: Retail Terms & Options: 5yrs+option Expiration Date: 6/30/2020

Reason for Selling:

Relocating

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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