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High Volume Italian Restaurant And Pizzeria For Sale

Palm Beach County, Florida, US
Asking Price:
$550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,253,719
Cash Flow:
$177,038

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 . Please refer to listing #6401691854.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 5688
Square Footage: 2119
Building Type: Plaza
Terms & Options: 2-10 year renewal options
Expiration Date: 3/22/2029

Location:

Western Palm Beach County

Premises Details:

Building Type: Plaza

Size in square feet:
2,119

Business Operation

Competition / Market:

Non Compete: Miles: 5 Years: 2

Reasons for selling:

Moving

Trading hours:

Tues-Thurs 11-9 Fri-Sat 11-10 Sun 11-9 Monday Closed.

Employees:
12
Years established:
4

Other Information

Support & training:

Weeks Training: 2 Cost: $0

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Loan/Seller - Amt: 350,000 Mos: 72 Rate: 6.00 Mo Pmt: 5,800.51

Furniture / Fixtures value:
$90,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price