Pizzeria and Italian Restaurant: $16K/week!

Not Disclosed, FL
Palm Beach County

Palm Beach County


Asking Price: Annual Revenue:
$325,000 $768,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizzeria and Italian Restaurant: $16K/week! Broker: Martin Berliant
Owner Financing is Available!
Will accept $175,000 down from qualified buyer

Quick Facts

Asking Price: $325,000
Annual Revenue: $768,000
Net Profit: $170,160
Cash Flow: $170,160
Total Debt: Not Disclosed
FF&E: $110,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 6
BBN Listing #: 298129831
Broker Reference #: Not Disclosed

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Business Overview:

Very Profitable and Recently Established Italian Restaurant and Premier Pizzeria for Sale! Opened in November 2019 and servicing western Palm Beach County, sales are approximately $16,000/week (in the summer/fall of 2020) and growing. Restaurant fully staffed and owner comes and goes as he pleases. all sales from take-out (just 6-8 deliveries per night). The 2,300 square feet restaurant seats 75 (beer and wine license) and has only $5,600/month in rent. Lease good thru 2029 with two additional 5 year options. Owner spent $110,000 on beautiful build-out and upgraded kitchen. All equipment owned with no debt. Restaurant offers delicious pizza and an array of Italian entrees. Sales provable through credit card receipts and bank statements during due diligence phase. Around 20,000 new homes being built in surrounding area! Please contact Martin Berliant or email us for more information. Non-disclosure form is required.

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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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