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High Volume Italian Restaurant and Pizzeria

Palm Beach County, Florida

Asking Price: Gross: Cash Flow:
$550,000 $1,253,719 $177,038

Furniture and Fixtures Value:
$90,000 (included in the asking price)

Inventory Value:
$15,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Very profitable Italian restaurant and pizzeria, located in one of the fastest growing areas in Palm Beach County. The restaurant is open only 6 days a week, has a square footage of 2,119, and seats 72 customers. The rent is only $5,688 a month and there are 16 years remaining on the lease which is valuable. The owner works the front of the house for about 4 hours nightly. A full-time working owner can increase the bottom line. The restaurant does a lot of eat-in, delivery, and take-out business. The seller is offering to finance 350k in seller financing as part of the sale. This business is perfect for a family or husband and wife wanting to own a successful restaurant in Palm Beach County. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Max Crescenzi - (561) 627-8887. Please refer to listing #6401691854.

 
   
   
Year Business was Established: 2019
   
Number of Employees: 3 FT/8 PT/1 MGR  
   
Facilities / Terms of Lease: Lease/Month: 5688 Square Footage: 2119 Building Type: Plaza Terms & Options: 2-10 year renewal options Expiration Date: 3/22/2029  
   
Competition: Non Compete: Miles: 5 Years: 2  
   
Owner willing to finance: Loan/Seller - Amt: 350,000 Mos: 72 Rate: 6.00 Mo Pmt: 5,800.51  
   
Owner willing to train: Weeks Training: 2 Cost: $0  
   
Reason for selling: Moving  
 

 

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