Listing Number: 6401-691854
Description
Very profitable Italian restaurant and pizzeria, located in one of the fastest growing areas in Palm Beach County. The restaurant is open only 6 days a week, has a square footage of 2,119, and seats 72 customers. The rent is only $5,688 a month and there are 16 years remaining on the lease which is valuable. The owner works the front of the house for about 4 hours nightly. A fulltime working owner can increase the bottom line. The restaurant does a lot eat-in, delivery and take-out business. The seller is offering to finance 350k in seller financing as part of the sale. This business is perfect for a family or husband wife wanting to own a successful restaurant in Palm Beach County.
Listing Details
- Price: $ 550,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 177,038
- Total Sales: $ 1,253,719
- Location: Palm Beach County, Florida
- Inventory: $ 15,000
- FF&E: $ 90,000
- Employees: 11
- Year Established: 2019
- Reason for Selling: Moving
- Category: Restaurants
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