High Volume Italian Restaurant, Pizzeria, Over $26k Weekly Sales

Palm Beach County, FL

Seller Financing Available

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Asking Price:$595,000
Gross Revenue:$1,375,025
Rent:$6,502/Month
Established Year:2017
Cash Flow:$258,420
Inventory:$5,000
FF&E:$90,000
BUSINESS DESCRIPTION

Pizzeria Restaurant Seats 72, $26k weekly sales open 6 days, Seller Financing av

High volume, extremely profitable, and established for 7 years. This Italian restaurant and pizzeria generates over $26k in weekly sales and they are only open 6 days a week (Tuesday - Sunday 11-8 pm) (Fri-Sat 11-9pm) Seller financing available with $350k down, see terms below.

Located in one of the fastest growing areas in Palm Beach County. The restaurant has a square footage of 2,119, and seats 72 customers. The rent is only $6,502 a month, there are a total 15 years remaining on the lease which is extremely valuable.

The restaurant does a lot eat-in, delivery and take-out business. The owner oversees the business and works the register.

Two fulltime cooks, two fulltime pizza makers and head server in place and all are paid very well.

This business is perfect for a family or husband wife wanting to own a successful restaurant in Palm Beach County.


DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,119
Lease Expiration
30/03/2029
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased - Mall Center Terms Options: 2-5 year renewal options available
Financing
Owner Financing Available: $245,000 // Owner Financing Interest: 7% // Owner Financin
Support & Training
2-week training at no cost
Reason for Selling
Other Interest
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Max
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Max Crescenzi