Successful Italian Restaurant in Prime Location

Boca Raton, FL
Palm Beach County

Prime shopping cenrter


Asking Price: Annual Revenue:
$225,000 $480,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful Italian Restaurant in Prime Location Broker: David Kammet
License #: BK708920

Quick Facts

Asking Price: $225,000
Annual Revenue: $480,000
Net Profit: $142,119
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 6
BBN Listing #: 60041249
Broker Reference #: 134-17829

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Business Overview:

Beautiful successful Italian restaurant in downtown east Boca for over 10 years. This restaurant has a beautiful builld out that represents a true authentic Italian cuisine look of elegance. The Restaurant has a 150-person seating capacity. Restaurant has a large fully equipped kitchen with an excellent kitchen staff and carries a 4CPO liquor license. This restaurant has an amazing lease with very low rent for this location, which is very hard to find these days. The owner is only opened for five days a week for dinner, which allows tremendous room for growth. Over the years this business has established a great repeat customer base because of the restaurant spectacular food. During 2020 Covid period restaurant was closed for 6 months. In 2021 the restaurant was closed 4 months. Currently restaurant is back on track doing over $45,000 plus a month and growing. Owner will consider some owner financing with qualified buyer. Great opportunity to take over a wonderful restaurant.

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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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