Businesses For Sale > Business For Sale in Palm Beach County, Florida (FL)
Very Profitable Italian Restaurant and Pizzeria Dinner Only for sale in Palm Beach County, FL
Palm Beach County, Florida (FL)
Asking Price: |
Gross: |
Cash Flow: |
$ 225,000 |
$ 602,936 |
$ 101,020 |
Furniture and Fixtures Value:
$ 40,000 (included in the asking price)
Inventory Value:
$ 1,200 (included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
Goldmine neighborhood Italian Restaurant and Pizzeria, with seller financing. Open only for dinner from 3 to 9 Tuesday - Sunday. Closed on Mondays and closed for the month of September. Established for over 40 years in an affluent area of northern Palm Beach County. The dining room seats 65, consisting of booths, 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 60 Qt mixer etc. Prime endcap location with frontage on main hwy. The restaurant is approximately 1700 SF, with a great lease of only $4,470 a month, expiring 1/31/2028 and with 2 5-year renewal options. This is a great turn-key profitable Italian restaurant and pizzeria with much more potential if one opens for lunch. Owner looking to retire. Please refer to listing 6401175318 and advisor Max Crescenzi when inquiring
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Year
Business was Established: 1984 |
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Number of Employees:
6 |
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Facilities / Terms of Lease:
Business Location is
Leased
Type of Location
Mall Center
Facilities
Monthly Rent
$4,470.00
Square Units (Foot, Meter)
1,700
Lease Expiration Date
January 31, 2028, 12:00:00 AM
Terms Options
2-5 Year options |
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Owner
willing to finance:
Owner Financing Amount $75,000.00 Owner Financing Interest 7% Owner Financing Terms Months 36 Owner Financing Monthly Payment $2,315.78 |
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Owner
willing to train:
Seller will train for 2 weeks at no cost |
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Reason for selling:
Downsizing |
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Seller Reference Number: 6401175318
BusinessMart.com Listing Number: 309396 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Andrew Cagnetta
Transworld Business Advisors Florida
954-772-1122
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