Highly Profitable Italian Restaurant for Sale in Palm Beach County will provide owner with a great income and quality of life. Closed on Mondays and all of August and September – the new owner will enjoy Florida lifestyle. SBA QUALIFIED - Buy this restaurant with as little as 20% down.
Call me today to discuss this unbelievable opportunity.
This restaurant for sale
has great margins. The husband-and-wife team that operates the restaurant took home in excess of $300,000 in 2021. The rent is an incredibly low $1,715 per month. The gross sales were $654,577 in 2021. The husband runs the kitchen with two helpers. The wife runs the front of house with two additional servers. Labor cost is extremely low – under 10% - and provable. The restaurant is perfect for a chef owner, husband and wife team, or anyone who wants to put a team to satisfy the culinary tastes of the affluent area.
The rent of this successful 11-year-old restaurant for Sale by We Sell Restaurants
is incredibly low and insures high profit margins. Current rent is $1,715 per month including CAMS and taxes. The space is 1,300 square feet and seats 24 guests. The restaurant has great online reviews and reservations are necessary each day of operation. The restaurant is open six days per week for dinner only. Closed on Mondays. The restaurant also closes for August and September and reopens on the second week of October each year. This is the seller’s choice and you are more than welcome to increase operating hours.
The chef owner works the kitchen. He handles most of the prep and the food orders. He is assisted in the kitchen by two others. The chef owner works full-time. The two assistants average work week is 30 hours. The other owner handles the front of house with two additional servers. She works an average of 30 hours per week.
The restaurant for sale is an authentic Italian restaurant where the scent of roasted garlic and herbs flourish in the air as you step through the door. Your guests will enjoy delicious food, great service, and a comfortable, inviting atmosphere. The menu features the classics such as Marsala, Francese, Picaata, and more with your choice of Chicken, Veal, Shrimp, or a fresh fish of the day. Pasta and entree dishes are prepared to order. Desserts and Appetizers are popular. The restaurant has a 2COP beer and wine license and wine sales are excellent. All recipes will transfer with sale and the chef/owner will train for two weeks at no additional fee.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this . 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
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