Business For Sale

Quaint and authentic Italian Restaurant

Palm Beach, FL
Palm Beach County

Palm Beach County


Asking Price: Annual Revenue:
$399,000 $758,587

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Quaint and authentic Italian Restaurant Broker: Simon Polzer

Quick Facts

Asking Price: $399,000
Annual Revenue: $758,587
Net Profit: Not Disclosed
Cash Flow: $240,989
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 6
BBN Listing #: 1619630
Broker Reference #: 640190258

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Business Overview:

Elegant Italian restaurant serving authentic recipes from Italy and the Mediterranean. Established for 16 years. Seller owns the building and is offering rent only $3,500 plus 2 months free! Prime location with valet parking. Extensive inventory of fine wines not included in sale price. 3 full time/ 3 part time employees. Sellers closes 2 months per year for travel. Financials reflect 10 months of activity and only open for dinner. This is truly a must see and taste opportunity! Please refer to listing number 640190258, business broker Simon Polzer when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $3,500, Square Footage: 1800, Building Type: Stand Alone; Terms & Options: Long Term Lease Available; Expiration Date: 12/1/2017.

Reason for Selling:

Private

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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