Two Italian Restaurants with Absentee Owner

Business Description:

Two profitable Italian restaurants and pizzerias in highly desirable locations with full liquor licenses and long-term leases. Owner is absentee and retiring. Fully staffed with management in place at each location. Pizza is about half of overall sales. Lunch and dinner served 7 days per week. Net rent is about 10% of total sales. Room to scale operations and add more locations for new ambitious management. Outstanding branded menu and loyal customer following. Prospective buyers must be willing to show proof of funds Please call Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.

Asking Price:

$

1,150,000.00

Gross Revenue:

$

1,918,401.00

Cash Flow:

$

350,605.00

Downpayment:

$

1,150,000.00

FF&E (Included):

250000

Inventory:

10000

Financing:

No

Business Location:

Palm Beach County

Support/Training Comments:

30 days

Financing Comments:

Reason For Sale:

retirement

Home Based:

No

Year Established:

2007

Franchise:

No

Year Aquired:

Willing To Train:

Yes

Relocate:

No

Required Licenses:

Occupational

Real Estate Asking:

Days Open:

7

Full Time Employees:

12

Hours Open:

11am-9pm

Part Time Employees:

12

Contact Us

Name(Required)

Two Italian Restaurants with Absentee Owner

Business Description:

Two profitable Italian restaurants and pizzerias in highly desirable locations with full liquor licenses and long-term leases. Owner is absentee and retiring. Fully staffed with management in place at each location. Pizza is about half of overall sales. Lunch and dinner served 7 days per week. Net rent is about 10% of total sales. Room to scale operations and add more locations for new ambitious management. Outstanding branded menu and loyal customer following. Prospective buyers must be willing to show proof of funds Please call Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.
Gross Revenue: 

$

1,918,401.00
Cash Flow: 

$

350,605.00
Downpayment: 

$

1,150,000.00
FF&E (Included) :

$

250000
Inventory: 
10000
Financing: 
No
Business Location: 
Palm Beach County
Support/Training Comments: 
30 days
Financing Comments:  

Reason For Sale:

retirement
Home Based:  
No
Year Established:  
2007
Franchise:  
No
Year Aquired:  
Willing To Train:  
Yes
Relocate:  
No
Required Licenses:  
Occupational
Real Estate Asking:  
Days Open:  
7
Full Time Employees:  
12
Hours Open:  
11am-9pm
Part Time Employees:  
12

Contact Us