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The Wall Street Journal Online

Elegant Italian restaurant and bar

Palm Beach County, Florida

 

Seller Financing Available

Photo Available
Asking Price:
$395,000
Gross Income:
$1,610,483
Cash Flow:
$255,129
EBITDA:
N/A
FF&E:
$480,000.00 *
Inventory:
$10,000.00 **
Real Estate:
N/A
Year Established:
5
Employees:
28
Business Types:
Restaurants
Bars/Taverns

** not included in the asking price

* included in the asking price

Business Description

MILLION DOLLAR BUSINESS ON SALE FOR 395,000
SELLER will finance to 200k if BUYERQual.High volume Italian restaurant and full liquor bar with banquet room and other exciting venues.Excellent staff poised for record breaking winter season.Seller motivated due to urgent offshore business interests.Loyal customer base that is GROWING.Locatiaon is in a HUGE GROWTH AREA IN SO. FLA. DON"T MISS THIS ONE

Detailed Information

Facilities:
This operation features 5 dining areas inside & outside plus liquor lounge 270 seats
Competition:
Is at the pinnacle of success for fine dining Itialian cusine and is fully staffed with very capable well trained employees.
Growth/Expansion:
If current growth continues secondary locations would be a viable feature.
Financing:
Seller will finance with 195000 down 5 year terms @ 6.5% interest
Support/Training:
2 weeks of training incuded in price
Reason Selling:
Other business interests off shore
Contact Seller

Broker Information

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Business For Sale Listed By

Bob Marcketti
Palm Beach Business Brokers
561-702-3491

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