Iconic Full Service Italian Pizzeria & Restaurant | Transworld Business Advisors
UA-80142373-1

Iconic Full Service Italian Pizzeria & Restaurant

Listing Number: 0101-199514

Description

Available for acquisition is this iconic full serve Italian pizzeria restaurant and bar in Palm Beach County, FL. Located in the best possible demographic allowing it to capture both the business lunch trade, the after hour bar business (with live music) and all of the surrounding residential communities. Incredibly beautiful build-out with modern open kitchen design, seating for 160+ including alfresco dining and bar. No deliveries being done. Approximately 25% take out, 25% catering, 50% dine in (80/20 food to liquor). Clean tax return records (contact listing broker for multi year income & expense detail), excellent E-2 Visa opportunity. Seller will stay on during training and full transition. Very stable employee staff with very little seasonal turnover. This is an impeccable restaurant that is ready for a new aggressive management team! SBA LENDER PRE-QUALIFIED WITH 20% DOWN!

Listing Details

  • Price: $795,000
  • Down Payment: $159,000
  • Sellers Discretionary Earnings: $264,114
  • Total Sales: $1,598,032
  • Location: Palm Beach County, Florida

  • Inventory: $15,000
  • FF&E: $300,000
  • Employees: 23
  • Year Established: 2010
  • Reason for Selling: Retirement
  • Category: Restaurants

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