Two Italian Restaurants With Absentee Owner
Not Disclosed, FL Palm Beach County
Palm Beach County
Request More Information Contact the Seller
- RE: Two Italian Restaurants With Absentee Owner
- Contact: Martin Berliant
Quick Facts
| Asking Price: | $1,150,000 | |
| Annual Revenue: | $1,918,401 | |
| Net Profit: | $350,605 | |
| Cash Flow: | $350,605 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 24 | |
| BBN Listing #: | 1012138 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Two profitable Italian restaurants and pizzerias in highly desirable locations with full liquor licenses and long-term leases. Owner is absentee and retiring. Fully staffed with management in place at each location. Pizza is about half of overall sales. Lunch and dinner served 7 days per week. Net rent is about 10% of total sales. Room to scale operations and add more locations for new ambitious management. Outstanding branded menu and loyal customer following. Prospective buyers must be willing to show proof of funds Please call Martin Berliant or email for more information. Non-disclosure form is required.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
