Serving South Florida since 2016 with the best classic and modern Italian cuisine and an authentic, Tuscan steak house dining experience! ALERT: LOCATION, LOCATION, LOCATION with below-market rent and unmatched lease options! This attractive and profitable establishment is prime for new owners to take it into its next era of success! This is fine dining at its best, with white tablecloth service and award-winning, house made Italian cuisine using the freshest, quality ingredients. The current owners have invested $2M into the interior design, creating an authentic, Tuscan dining atmosphere with plenty of old-world charm. They have an extremely efficient and streamlined business operation equipped with key staff and a savvy POS system fully integrated for in-house dining, takeout and delivery service. Situated in the heart of its city in an extremely high traffic location, the restaurant is surrounded by businesses and high-end residential communities, and has a loyal and growing customer base with excellent Google reviews. This is a fantastic opportunity for new owners and perfect for existing Italian restauranteurs looking to expand into the area. Inquire TODAY!
- Asking Price:
- $2,200,000 Inventory / Stock included
- Sales Revenue:
- $2,500,891
- Cash Flow:
- $650,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Palm Beach County
- Premises Details:
-
Unbeatable below-market monthly rent! This restaurant has a luxuriously designed 6,100 sq. foot establishment with unbeatable monthly rent and fantastic lease options. Equipped with plenty of in-door seating and a gorgeous private dining area, able to accommodate up to 150 guests. Located in a multi-purpose shopping plaza with a 250-car capacity parking garage and valet parking.
- Size in square feet:
- 6,100 sqf
Business Operation
- Expansion Potential:
-
There are no limits to growth and expansion! They have a very well-established digital and social presence with a bright, beautiful website and promotion on Facebook and Instagram that marketing savvy new owners can build upon to increase profitability on day one.
- Competition / Market:
-
This restaurant is quickly becoming the neighborhood’s “best of the best” in atmosphere and authentic Tuscan-style cuisine. They continue to grow in an amazing location. Excellent Google ratings from devoted customers, OpenTable Dinners Choice Awards for 4 years and an influx of new foodies gives them a huge edge over their competition.
- Reasons for selling:
-
Retirement
- Employees:
- 32
- Years established:
- 2016
Other Information
- Support & training:
-
Committed to a smooth transition to new owners. Support and training are available.
- Furniture / Fixtures value:
- $342,900
- Inventory / Stock value:
- $2,500 - included in the asking price
