Italian Restaurant Franchise

Price: $695,000

Location: Palm Beach County

Industry: Restaurant and Food

Listing ID: 42734540

Listing Status: New

Description

Rare franchise opportunity for sale. Well known Italian restaurant chain, great location in Palm Beach County. Experienced management team in place.
Good books and records, annual sales over one million dollars. Located in busy plaza that brings walk in clients. Spacious parking and low rent.
Loyal, repeat customers. Generous family style portions, affordable lunch specials. Has inside seating for 90 people, outside 30 people. Seller is very motivated. Seller financing available for qualified buyers.

LISTING DETAILS

Down Payment: $545,000

Total Sales: $1,057,189

Cash Flow: $266,416

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $75,000

FFE Included: Yes

Inventory: $10,000

Inventory Included: Yes

Operation

Year Established: 2008

Year of last Acquisition: 2008

Days & Hours of Operation: Monday-Saturday 10:45AM–9:45PM, Sunday 11:45AM–9:45PM

Owner Hours Per Week: 40

Non-Owner Payroll: N/A

Employees: 16

Managers: 1

Absentee Owner: No

Lease Option: Two 5 years option available

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $5,423

Type of Location: Retail Plaza

Square Footage: 2000

Franchise: Yes

Relocatable: No

Summary

Reason For Sale:

Personal / Family

Training & Support:

Seller provides training for two weeks at no cost.

Financing/Terms:

$150,000 is financed for 36 months at 7%.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER