Italian Restaurant Franchise

Price: $695,000

Location: Palm Beach County

Industry: Restaurant and Food

Listing ID: 42734540

Listing Status: New

Description

Don't miss this rare opportunity to own a well-known Italian restaurant franchise in a highly sought-after location in Palm Beach County. This established business boasts a strong brand presence and a loyal customer base.

Key Features:
- Prime location in Palm Beach County with high visibility and foot traffic
- Well-known Italian restaurant franchise with a proven track record
- Experienced team in place, ensuring a smooth transition for the new owner
- Impeccable books and records, showcasing consistent annual sales exceeding one million dollars
- Spacious parking lot, accommodating the needs of both dine-in and takeout customers
- Low rent, contributing to favorable profit margins
- Comfortable seating capacity of 90 indoors and 30 outdoors, catering to various dining preferences
- Motivated seller offering seller financing options for qualified buyers

This turnkey business presents an excellent opportunity for a passionate entrepreneur or an experienced restaurateur looking to expand their portfolio. With its strong financial performance, prime location, and dedicated customer base, this Italian restaurant franchise is poised for continued success.

Contact us today to explore this exciting franchise opportunity!

LISTING DETAILS

Down Payment: $347,500

Total Sales: $1,286,743

Cash Flow: $429,063

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:

$347,500 is financed for 36 months at 7%.

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