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.
- Asking Price:
- $175,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $601,106
- Cash Flow:
- $105,578
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
