Business For Sale

Beautifully Built-Out Latin Restaurant/Pizzeria

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$60,000 $250,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Beautifully Built-Out Latin Restaurant/Pizzeria Broker: Martin Berliant

Quick Facts

Asking Price: $60,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 184929831
Broker Reference #: Not Disclosed

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Business Overview:

Beautifully built-out brand new 2,600 square feet restaurant seating 66 in very busy plaza within a mile of local college in Palm Beach County. Owner is landlord and spent over $300,000 on amazing build-out and brand new equipment. Restaurant can be easily converted back to a pizzeria (which it was for 30 years) by simply changing the menu (kitchen still has pizza oven). Currently a Latin restaurant structurally similar to Chipolte with more of a Cuban/Latin flavor. Rent only $5,200/month and owner/landlord will sign very long term lease with right tenant. This is an asset sale as restaurant opened in mid-2018 and operationally breaking even. Asking price of $60 but the equipment stays with the premises (owner would also want 6 months rent in advance); owner will take $125,000 from buyer wishing to also own the equipment. Current hours 10am-9pm 6 days and can be expanded. Beer and wine license. Please contact Martin Berliant or email us for more information. Non-disclosure form required.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • 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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