Listing Number: 6401-175318
Description
Goldmine neighborhood Italian Restaurant and Pizzeria, with seller financing. Open only for dinner from 3 to 9 Tuesday - Sunday. Closed on Mondays and closed for the month of September. Established for over 40 years in an affluent area of northern Palm Beach County. The dining room seats 65, consisting of booths, tables and private room for small family gatherings. Spacious kitchen with a 10-burner stove, and 1 fryer under the hood, double stack Bakers Pride pizza ovens, Hobart 60 Qt mixer etc. Prime endcap location with frontage on main hwy. The restaurant is approximately 1700 SF, with a great lease of only $4,470 a month, expiring 1/31/2028 and with 2 5-year renewal options. This is a great turn-key profitable Italian restaurant and pizzeria with much more potential if one opens for lunch. Owner looking to retire
Listing Details
- Price: $ 225,000
- Down Payment: $150,000
- Sellers Discretionary Earnings: $ 101,020
- Total Sales: $ 602,936
- Location: Palm Beach County, Florida
- Inventory: $ 1,200
- FF&E: $ 40,000
- Employees: 6
- Year Established: 40
- Reason for Selling: Downsizing
- Category: Restaurants
