Pizzeria for Sale in West Palm Beach

West Palm Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$99,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizzeria for Sale in West Palm Beach Broker: Ken Eisenband

Quick Facts

Asking Price: $99,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 49018096
Broker Reference #: 7369

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Business Overview:

Palm Beach County Pizzeria for Sale has it all. Below market rent, great demographics, and all licenses to transfer. This Italian Restaurant and Pizzeria for Sale is ready for it's new owner. Qualified buyers can obtain quick approval on SBA lending with just 30% down.

The Italian Restaurant and Pizzeria for Sale is in a very successful shopping center in West Palm Beach. The shopping center has 29,000 square feet of rentable space. Other tenants include high volume restaurants, a national brand convenience store, retail shops and service providers. The center sits on a highly trafficked road with a school across the street. The students are daily customers of this successful pizzeria. The restaurant occupies 1,000 square feet of space and seats fourteen guests. The interior is very comfortable and well maintained. The monthly rent of $2,631 includes CAM, Taxes, Trash Removal, and Water. This rent is well below market price. The lease expires on June 30, 2021 and there is a three- year option.

West Palm Beach is centrally located in Palm Beach County. The one – three – and five- mile radius populations and household incomes are great. The populations are 22,407, 144, 736, and 322,2103 respectively. The average household income for all radius populations are between $55,000 an $60,000.
This Italian Restaurant and Pizzeria for Sale has very limited hours of operation. Closed on both Sunday and Monday the restaurant opens on Tuesday thru Thursday from 11 am – 8:30 pm. On Friday from 11 am to 9:30 pm, and on Saturday from 3 pm till 9:30 pm. The customer base is wanting for additional hours. Open seven days per week and expand the daily hours and this is a home run. We Sell Restaurants can answer all your questions on this West Palm Beach opportunity.

The fully equipped commercial kitchen has it all. The exhaust hood is fourteen feet in length and the grease trap is inground. The pizza is cooked with a double stacked Baker’s Pride Pizza Oven and the dough is mixed in a 60-quart Hobart dough mixer. This restaurant and Pizzeria for Sale has a six-eye and four-eye burner, both with ovens, and a 35# fryer. Refrigeration is commercial grade and well maintained.

The menu consists of specialty pizzas, stromboli and calzones, hot and cold subs, salads, and pasta dishes. The pasta dishes include all your favorites such as chicken parmesan, chicken piccata, stuffed shells, lasagna, and many more. All recipes of this Pizzeria for Sale will transfer with the sale and the owner will remain for two weeks of training.

Financial data of this Pizzeria for Sale will be discussed in a personal meeting.

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Property Features and Assets:

stand up freezer residential freezer small freezer three door stand up cooler microwave three compartment sink three door pizza cooler table top steamer ss shelving 2 prep tables two door pizza cooler fryer six eye burner with stove four eye burner with stove double stacked bakers pride pizza oven 60 quart hobart dough mixer slicer utility cart wine cooler 5 tables 18 chairs 1 highchair five camera security system assorted pots, pans, utensils, smallwares

Market Competition and Expansion:

Located in very busy shopping plaza and across the street from school which provides daily business. the delivery area of five miles has more than 300,000 residents. The pizzeria is closed on Sunday and Monday with limited hours on other days. Increase the hours, add additional third party delivery options, and increase the advertising and watch the sales and profits increase.

Reason for Selling:

Personal

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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