Must sacrfice, Only $50k down for busy Italian Rest.

Palm Beach County, FL

Seller Financing Available
Must sacrfice, Only $50k down for busy Italian Rest.

Asking Price:$125,000

Cash Flow:$145,000

Gross Revenue:$490,000

EBITDA:N/A

FF&E:$200,000

Inventory:$7,000

Established:2013

Must sacrfice, Only $50k down for busy Italian Rest.

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Business Description

Beautiful Italian Restaurant, Low Down, Seller Finance

Must sacrifice for only $50k down. Located in one of the busiest shopping centers in Palm Beach. Gorgeous Italian Restaurant, with excellent dining reviews, seats 90. A chef's dream kitchen design. Owner imports Italian specialty foods, products, and their own wines through a partnership importing co, which brings their cost of goods to around 20%. Restaurant does a lot of catering, private parties, rehearsal dinners. Open for lunch & dinner. A rare opportunity that will not last. Please refer to listing number 6401-57758 and advisor Max Crescenzi when inquiring.

Detailed Information

Inventory:
Included in asking price
Employees:
FT:4 PT:5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 7500 Square Footage: 2850 Building Type: Anchored Plaza Terms & Options: 3-5 year options Expiration Date: 8/1/2022
Financing:
Seller will finance $75,000 at 6% for 60 months equaling $1,449.96 per month.
Support & Training:
Seller will train for one week at no additional cost
Reason for Selling:
Seller buying a hotel

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Max Crescenzi

Business Listed By:
Max Crescenzi

Transworld Business Brokers

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Sponsoring Broker:
Andrew Cagnetta

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