Profitable Lake Worth Italian Restaurant

Lake Worth, FL (Palm Beach County)

Italian Restaurant
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Asking Price: $475,000

Cash Flow: $194,569

Gross Revenue: $1,012,106

EBITDA: N/A

FF&E: $167,000

Inventory: $3,000

Established: 2003

Profitable Lake Worth Italian Restaurant

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Business Description

Excellent opportunity to own an established, ZAGAT rated, fully equipped and profitable Italian Restaurant. Generate cash from day One! Dinner ONLY, No late Nights. Full liquor(SRX license), Private parties. Features 2 separate Dining Rooms Bar, and covered Patio. Great lease in an up and coming area! Owner does back-office/management-not in the kitchen! Long-tenured and respected staff. Low advertising-Add Lunch and watch Sales Fly.

Lender Pre-Qualified! ! 2018 numbers are doing awesome

This Florida based Italian Restaurant for sale is presented by Sunbelt Business Brokers of South Florida, a division of SUNBELT, the largest organization of business brokers and M&A professionals in the world. With a local presence and global marketing reach, Sunbelt Business Brokers of South Florida has provided main-street and lower middle market business owners and buyers with unsurpassed deal expertise for nearly 20 years. For more information on this business for sale contact Mark Quinn at mark.quinn@sunbeltnetwork.com or 561-832-9222.

Detailed Information

Inventory:
Included in asking price
Employees:
5 FTE, 16 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 sq. ft. leased space
Financing:
Bank Lending Pre-Approved
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Other Business Interests
Business Website:
http://palmbeachbusinessbroker.com/
Contact Seller

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Mark Quinn

Business Listed By:
Mark Quinn

Sunbelt Business Brokers of South Florida

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Sponsoring Broker:
Ryan Cave

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