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Renowned Italian Restaurant In Jupiter For Sale

Palm Beach County, Florida, US
Asking Price:
$325,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$625,000
Cash Flow:
$133,256

This local favorite neighborhood Italian Restaurant and Pizzeria has been established for over forty years. Quaint and comfortable dining room with 65 seats, consisting of booths and tables and private room for small family gatherings. Spacious kitchen with a 10-burner stove, and 1 fryer under the hood, double stack Bakers Pride pizza ovens, Hobart 60Qt mixer etc. Prime endcap location with frontage on main hwy. The restaurant is approximately 1700 SF, with a great lease of only $4237 a month, expiring 1/31/2024 and with 2 5-year renewal options. This is a great turn-key profitable Italian restaurant and pizzeria ready for a new owner operator. 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 #.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 4237
Terms & Options: 2-5 year options
Expiration Date: 1/31/2024

Location:

General Location : Jupiter area

Premises Details:

Building Type: Plaza

Size in square feet:
1,700

Business Operation

Competition / Market:

Non Compete: Miles: 4 Years: 2 Weeks

Reasons for selling:

Downsizing

Trading hours:

Operating dys/hrs: Tuesday - Sunday 3-9

Employees:
4
Years established:
40

Other Information

Support & training:

Weeks Training: 1 Cost: $0

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

Loan/Seller- Amt: 100,000 Mos:48 Rate:6.50 Mo Pmt:2,371.50

Furniture / Fixtures value:
$40,000 - included in the asking price
Inventory / Stock value:
$1,700 - included in the asking price