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Italian Restaurant in Booming Area for Sale

Asking Price:

Gross Revenue:

Cash Flow:

Down Payment:

$795000

$1195876

$223388

825000

FF&E (included):

Inventory:

Financing:

10000

10000

Yes

Palm Beach County

Premiere 72 seat Italian restaurant with incredible lease through 2039 in booming area of Western Palm Beach County. Tens of thousands of new residences are being constructed within very close proximity. Seller is mostly absentee and moving for family reasons. Completely updated and modern kitchen with 12’ hood. Restaurant also has separate bar area with seating. Delivery and carry-out each constitute about a third of total sales; pizza is 40% of total sales. Advertised financials assumes an active owner replaces $50K/year of annual payroll. Rent is just 5% of total sales! Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

two weeks

moving out of state for family reasons

Home Based:

Franchise:

Willing To Train:

Required Licenses:

No

No

Yes

Beer and Wine

Year Established:

Year Aquired:

Relocatable:

2019

Yes

Days Open:

Hours Open:

6

varies

Full Time Employees:

Part Time Employees:

14

0