Profitable Italian Market – E2 Visa Opportunity

Business Overview:

Semi Absentee Owner - Ideal for E2 Visa or Passive Investors, with 40% ROI (could be increased to +50% for a Full Time Owner) Thriving turn-key business opportunity in an affluent and growing Palm Beach County town that promises not just a sophisticated Italian market, but a legacy of consistent profitability that has served generations. This business has already carved a niche for itself in Palm Beach County as a go-to destination for discerning Italian food enthusiasts over many decades. With a stellar reputation for quality and freshness, it is poised for continued success. Great opportunity for a passive investor or a new owner that wants to take this to new heights; explore avenues for expansion and capitalize on the solid foundation laid by the existing location in this growing and affluent South Florida town. This business has a track record of profitability that spans over 35 years with a loyal customer base that values its unique offerings and exceptional service. Experienced staff in charge of daily operations. It is centrally located within a busy strip mall alongside national anchor tenants right off a high-traffic road close to residential areas and other businesses that locals frequent daily. 

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Property Features and Assets:

FACILITY:             Located within a fully occupied and centrally located strip mall with several national anchor tenants

PARKING:            Plenty of parking within lot

EQUIPMENT:      The equipment is in good condition and has been well maintained.

LEASE TERM:      New Lease Signed - Five-year initial term beginning Sept 2024 with one (1) five-year option

BASE RENT:        $7,385 base rent plus CAM & Taxes

CONCEPT:           Italian Specialty Full-Service Market

SIZE:                     3,108 sq.ft.

SEATS:                  Seating for Approx. 8 outside – more can be added

HOURS:                Open 7 days/week 8:30a-6p (closes at 5p on Sunday)

LICENSES:            Beer & Wine, Deli, and Retail licenses

SALES:                  $1,800,000

CASH FLOW:       Over $200,000

ASKING PRICE:   $499,999 (For the Business)

Additional Details:

Documents:

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