Boynton Beach Italian Restaurant for Sale with $146,980 in annual earnings

Buy this Boynton Beach Italian Restaurant for sale and you will be rolling in the dough. 14 years of Goodwill and $146,980 in owner’s benefits. Seller financing available to qualified candidates.
 
This full service Italian Restaurant and Pizzeria Restaurant for sale has been owned and operated by the current owner for the last 11 years. The seller is looking to retire and is offering this well-maintained restaurant for sale. The seller’s revenue of $916,681 and earning of $146,980 will be proved during the due diligence period. The restaurant does not offer delivery options. By adding delivery and promoting the catering business the sales and profits could grow significantly.
 
Presented by We Sell Restaurants and located in Boynton Beach, FL the restaurant has excellent demographics. More than 186,000 residents live in the five-mile radius of the restaurant for sale with an average household income of more than $77,000. Situated very close to the intercoastal waterways and the ocean this location draws customers from all over Palm Beach County. Boynton Beach has a community redevelopment association that is dedicated to bringing in investors to develop the downtown Boynton Beach area. New developments are in the works just steps away from the restaurant. Part of this development includes 341 new luxury apartments. The continued development of the area has made Boynton Beach one of the most popular and accessible waterfront destinations in palm Beach County.

This full-service Italian Restaurant for sale occupies approximately 1,500 square feet in the popular strip mall and seats 50 guests in its comfortable dining room. Another 34 guests can dine outside on the very popular patio. The current lease expires on February 1, 2024 and the landlord will extend the current terms. The monthly rent including CAM and Taxes is $3,007.
 
The facility of this pizza shop for sale has been excellently maintained over the years. The kitchen equipment is all in great condition. The kitchen features a six-foot pizza hood and eleven-foot exhaust hood. The Bakers Pride pizza oven is double stacked and very large. The Hobart dough mixer is 60 quarts. Under the exhaust hood sits two six-eye burners with stoves, salamander, and a three-hotel pan steam table, char-broiler, and candy stock pot burner. This restaurant for sale has a walk-in cooler, ice machine and all refrigeration are commercial grade and working perfectly.
 
This full-service Italian restaurant for sale has separate menus for lunch, dinner, and catering. Specials are created at dinner to keep the guests coming back time and again to try something new. Lunch specials are consistent with a fixed price point and attract nearby employees, tourists, and locals. The menus include all your favorite Italian dishes. Chicken, Veal and Pasta dominate the menu, appetizer choices are plentiful, and you better save room for dessert. The restaurant features a 2COP beer and wine license so your guests can complement their meal with a glass of red wine or imported beer. Of course, pizza is offered. The restaurant features New York style pizza in both 12” and 18” sizes. The restaurant has 11 specialty pies or guests can create their own with the plentiful toppings to choose from. All recipes will transfer at closing and the seller will remain for two weeks of training at no additional cost. 


 

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 7523
  • Price: $500000
  • Location: Boynton Beach
Lease Term: Expiring December 1, 2024
Monthly Rent: $3007,
Indoor Seating: 50
Inside Sq. Ft: 1500,
Hood System: Yes
Neighboring Businesses: Restaurants, Retail, Service Providers
Hours Open: Closed Sunday Saturday 4:30pm-10pm Monday-Friday 11:30am-2:30pm; 4:30pm-10pm
# of Part-Time Employees: 6
# of Full-Time Employees: 11
Net Sales: $916681.00
Owner Benefit: $146980

Features

  • Full Service Italian Restaurant for Sale in Boynton Beach
  • Gross Sales of $916,681, with an annual Owners Benefit of $146,980
  • Fully Equipped Commercial Kitchen Includes 11 Foot Exhaust Hood and Inground grease trap
  • More Than Ten Years of Goodwill Built In
  • Boynon Beach Redevelopment is bringing in new business an a continuous basis
  • All Recipes will Transfer with sale and Seller offers Two weeks of Training wioth No Compensation
  • Restaurant for Sale