Italian Rest, Pizzeria Price Reduced $125k Must Sell

Palm Beach County, FL

Italian Rest, Pizzeria Price Reduced $125k Must Sell
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Asking Price: $125,000

Cash Flow: $105,578

Gross Revenue: $601,106

EBITDA: N/A

FF&E: $175,000

Inventory: $1,000

Rent: $6,587 /Month

Established: 2010

Italian Rest, Pizzeria Price Reduced $125k Must Sell

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Business Description

Voted one of the best Italian restaurants in the area

Price reduced for quick sale because of health reasons. BRING ALL OFFERS. Beautiful Italian Restaurant & Pizzeria. Voted one of the best Italian restaurants in the area multiple times. Chef and experienced staff in place. Restaurant seats 74, plus 12 at the bar. Serving classic Italian dishes, delicious pizza and a great variety of beer and wines. Long term lease with low rent & 2-5 year renewal options available. Excellent turn-key opportunity, Est. 8 years. Hurry won't last. Please refer to listing number 6401-553376 and advisor Max Crescenzi when inquiring.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
7/31/2020
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: $6,587, Square Footage: 2,400, Building Type: Plaza Terms & Options: 2-5 year options Expiration Date: 7/31/2020
Support & Training:
Seller will train for 1 week at no cost
Reason for Selling:
Retirement
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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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