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Authentic Italian Restaurant Pizzeria And Bar For Sale

Palm Beach County, Florida, US
Asking Price:
$300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,215,214
Cash Flow:
$112,997

Wow! This authentic Italian Restaurant and Pizzeria with a 4cop SFS Liquor License is an amazing business opportunity. The dining room and bar is an open-air concept merging the Italian cosmopolitan style with the beauty of the Mediterranean Sea. It is in a highly sought-after premier plaza with end cap exposure on a main thoroughfare, in central Palm Beach County. Average daily car count of over 67K with easy ingress and egress. The restaurant has two talented chefs who use only the freshest and best ingredients to create incredible dishes and a professional front-of-the-house staff to ensure the best service possible.

The 2023 revenue is based on only 30 hours a week of operation. (Wed-Sun 4-10) The demand is there to be open daily with extended hours. The spacious dining room seats 70 including the bar and the outdoor covered patio seats 36 surrounded by lush green landscaping. Over $300k was invested in the build-out and another $113k in the top-of-the-line kitchen equipment. The owners operate two other locations in Weston and live in the Weston and Miami areas and have decided to sell this northern location due to the distance of managing it. The business name which is trademarked is not included, but the buyer may use a variation of the name.

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

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 7852
Square Footage: 2681
Building Type: Plaza
Terms & Options: 1- 7 Year renewal option
Expiration Date: 1/1/2029

Location:

Central West Palm Beach

Premises Details:

Plaza

Size in square feet:
2,681

Business Operation

Competition / Market:

Miles: 5
Years: 3

Reasons for selling:

Owns two other locations in Weston, WPB too far to manage

Trading hours:

Wednesday - Sunday 4-10. Closed Monday & Tuesday

Employees:
16
Years established:
1.5

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: 150,000 Mos: 36 Rate: 7.00 Mo Pmt: 4,631.56

Furniture / Fixtures value:
$113,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price