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Listed by:

Amerivest Business Brokers

Broker license number: BK708920

Successful Italian Restaurant In Prime Location For Sale

Boca Raton, Florida, US
Asking Price:
$225,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$480,000
Cash Flow:
$142,119

Beautiful successful Italian restaurant in downtown east Boca for over 10 years. This restaurant has a beautiful builld out that represents a true authentic Italian cuisine look of elegance. The Restaurant has a 150-person seating capacity. Restaurant has a large fully equipped kitchen with an excellent kitchen staff and carries a 4CPO liquor license. This restaurant has an amazing lease with very low rent for this location, which is very hard to find these days. The owner is only opened for five days a week for dinner, which allows tremendous room for growth. Over the years this business has established a great repeat customer base because of the restaurant spectacular food. During 2020 Covid period restaurant was closed for 6 months. In 2021 the restaurant was closed 4 months. Currently restaurant is back on track doing over $45k plus a month and growing. Owner will consider some owner financing with qualified buyer. Great opportunity to take over a wonderful restaurant.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 7/31/2025

Leasehold Rent:

$72,000 per annum

Location:

Prime Shopping Center

Business Operation

Reasons for selling:

Retiring

Trading hours:

Tues - Sat 5:00 PM - 9:00 PM

Employees:
6
Years established:
10

Other Information

Support & training:

2 weeks no cost

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price

Listed by

Amerivest Business Brokers

Broker license number: BK708920

Contact Amerivest Business Brokers

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