Growing Italian Restaurant in Booming Area

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$795,000 $1,195,876

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Growing Italian Restaurant in Booming Area Broker: martin berliant
Owner Financing is Available!

Quick Facts

Asking Price: $795,000
Annual Revenue: $1,195,876
Net Profit: $223,388
Cash Flow: $223,388
Total Debt: Not Disclosed
FF&E: $220,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 14
BBN Listing #: 540429831
Broker Reference #: Not Disclosed

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Business Overview:

Premiere 72 seat Italian restaurant with incredible lease through 2039 in booming area of Western Palm Beach County. Tens of thousands of new residences are being constructed within very close proximity. Seller is mostly absentee and moving for family reasons. Completely updated and modern kitchen with 12’ hood. Restaurant also has separate bar area with seating. Delivery and carry-out each constitute about a third of total sales; pizza is 40% of total sales. Advertised financials assumes an active owner replaces $50K/year of annual payroll. Rent is just 5% of total sales! Please contact Martin Berliant using reply to this ad button for more information. Nondisclosure form is required.

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Reason for Selling:

Moving for family reasons.

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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