Listing Number: 6401-903592
Description
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 that use only the freshest and best of 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 area 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.
Listing Details
- Price: $ 300,000
- Down Payment: $150,000
- Sellers Discretionary Earnings: $ 112,997
- Total Sales: $ 1,215,214
- Location: Palm Beach County, Florida
- Inventory: $ 5,000
- FF&E: $ 113,000
- Employees: 16
- Year Established: 2022
- Reason for Selling: Too far to manage and owns two other locations
- Category: Restaurants
