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Italian Rest Pizzeria Price Reduced For Sale

Palm Beach County, Florida, US
Asking Price:
$175,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$601,106
Cash Flow:
$105,578

Price reduced for quick sale because of health reasons. BRING ALL OFFERS. Beautiful Italian Restaurant & Pizzeria. Voted one of the best Italian restaurants in the area multiple times. Chef and experienced staff in place. Restaurant seats 74, plus 12 at the bar. Serving classic Italian dishes, delicious pizza and a great variety of beer and wines. Long term lease with low rent & 2-5 year renewal options available. Excellent turn-key opportunity, Est. 8 years. Hurry won't last. Please refer to and advisor Max Crescenzi when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 6,587 Square Footage: 2,400 Building Type: Plaza
Terms & Options: 2-5 year options Expiration Date: 7/31/2020

Leasehold Rent:

$6,587 per annum

Location:

Palm Beach County

Premises Details:

Lease/Month: 6587 Square Footage: 2400 Building Type: Plaza
Terms & Options: 2-5 year options Expiration Date: 7/31/2020

Size in square feet:
2,400

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon - Thurs 12-9 Fri - Sat 12-10 Sun 4-9

Employees:
12
Years established:
2010

Other Information

Support & training:

Seller will train for 1 week at no cost

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

Seller will finance at $50k for 24months at 6%= $2,216.03 monthly payment

Furniture / Fixtures value:
$175,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price