Business Overview:
Highly Profitable Italian Restaurant for Sale in Palm Beach County will provide owner with a great income and quality of life. Closed on Mondays and all of August and September – the new owner will enjoy Florida lifestyle. SBA QUALIFIED - Buy this restaurant with as little as 20% down.
This restaurant for sale has great margins. The husband-and-wife team that operates the restaurant took home in excess of $300,000 in 2021. The rent is an incredibly low $1,715 per month. The gross sales were $654,577 in 2021. The husband runs the kitchen with two helpers. The wife runs the front of house with two additional servers. Labor cost is extremely low – under 10% - and provable. The restaurant is perfect for a chef owner, husband and wife team, or anyone who wants to put a team to satisfy the culinary tastes of the affluent area.
The rent of this successful 11-year-old restaurant for Sale by We Sell Restaurants is incredibly low and insures high profit margins. Current rent is $1,715 per month including CAMS and taxes. The space is 1,300 square feet and seats 24 guests. The restaurant has great online reviews and reservations are necessary each day of operation. The restaurant is open six days per week for dinner only. Closed on Mondays. The restaurant also closes for August and September and reopens on the second week of October each year. This is the seller’s choice and you are more than welcome to increase operating hours.
The chef owner works the kitchen. He handles most of the prep and the food orders. He is assisted in the kitchen by two others. The chef owner works full-time. The two assistants average work week is 30 hours. The other owner handles the front of house with two additional servers. She works an average of 30 hours per week.
The restaurant for sale is an authentic Italian restaurant where the scent of roasted garlic and herbs flourish in the air as you step through the door. Your guests will enjoy delicious food, great service, and a comfortable, inviting atmosphere. The menu features the classics such as Marsala, Francese, Picaata, and more with your choice of Chicken, Veal, Shrimp, or a fresh fish of the day. Pasta and entree dishes are prepared to order. Desserts and Appetizers are popular. The restaurant has a 2COP beer and wine license and wine sales are excellent. All recipes will transfer with sale and the chef/owner will train for two weeks at no additional fee.
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Property Features and Assets:
11 Tables
35 Chairs
2 Bench Seating
Revel POS
World Pay Credit Card
Table Top Cooler
Keg Box 1 Head 4 Taps
Small Cooler
Ice Well
Espresso Machine
Coffee Machine
2 Television
1 Door Sandwich Cooler
2 Door Sandwich CoolerTable Top Steamer
2 Eye Burner
2 Eye Burner
Six Eye Burner with Oven
Salamander
Fryer
Conveyor Toaster
Prep Table 3
Dish washer
Stand up freezer one door
Stand up Cooler Two Door
Assorted Pots Pans and Utensils
SS Shelving
Small Kitchen Aid 5 QT
Grinder Coffee
Ice Machine
Speed Rack
Residential Fryer
Standup Cooler 2 door
Stand up cooler and freezer 3 door combo
Convection Oven
Microwave
Slicer
20 QT Dough Mixer
Market Competition and Expansion:
The reputation and online reviews are excellent. More than ten years of goodwill built-in. The extremely low rent gives you advantage over your competition is profit margins.
Reason for Selling:
Retirement
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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