Pizzeria and Italian Restaurant for Sale in Palm Beach County, Florida. Surrounded by affluent gated communities, active adult communities, and located in a tourist destination this opportunity will not disappoint.
The pizzeria and Italian restaurant for Sale
had sales of more than $800,000 in 2021 and netted the owner/operator $163,000. Staffed with 11 employees this restaurant is ready for a new owner. The restaurant operates with two owners. The net profit has been adjusted to represent what a single owner would earn. The current operator has been in business since 2019, the location has been a Pizzeria and Italian restaurant for many years. The restaurant has dine-in, pick-up, and delivery service. The restaurant delivers its own product and uses one third party delivery service. The seller is retiring after a long and successful career.
This Restaurant for Sale by We Sell Restaurants
occupies 2,300 square feet in a very popular shopping center. More than 40,000 vehicles pass by on the busy road that the restaurant sits on. Visibility from the road is good and the restaurant has a prominent spot on the pylon sign that sits directly on the road. Thousands of residents surround the restaurant. These residents live in gated communities, active adult communities, and family dominated neighborhoods. Delray Beach is home to one of the most popular beaches in South Florida. Hundreds of thousands of tourists’ flock to the area each year and spend millions of dollars while visiting the area for. The restaurant seats 80 guests in the nicely decorated dining room. The monthly rent is just $7,010 including CAM, Waste Removal, and Taxes.
The restaurant features a prominently displayed two side-by-side brick pizza ovens. Please click on the tab below for photographs of the ovens, front of house and kitchen. The two ovens sit under a 14-foot exhaust hood. The pizza chef works out of two commercial grade pizza coolers. The kitchen has a second 14-foot exhaust hood. Under this hood sits a ten-eye burner with two stoves, char-broiler, fryer, and convention oven. The pizzeria has a 60-quart Hobart dough mixer, ice machine, walk-in cooler, walk-in freezer, four hotel pan steam table and commercial grade refrigeration. The front of house is nicely decorated and seats 80 guests. There are ten booths and 12 additional tables. Four televisions are mounted on the walls.
The restaurant has separate lunch and dinner menus. The lunch menu has pizza slices specials, fourteen entrée specials, which will keep the customers coming back day after day, subs, and salads. The dinner menu features pizza pies. Have a cheese pie or add a variety of toppings, there are also gourmet pies to choose from. The menu has Pasta and Baked Pasta dishes, entrees are available with Chicken, Veal, Seafood, Eggplant, or Sausage. Popular items include Chicken Marsala, Eggplant Rollatini, Veal Parmesan, Shrimp Scampi and sausage and Peppers. Something for everyone. The menu and all recipes will transfer, and the seller will train for two weeks at no cost to assure a smooth transfer of ownership.
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 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
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