Location: Palm Beach County
Industry: Restaurant and Food
Listing ID: 42734540
Listing Status: Reduced Price
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.
- 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!
Down Payment: $300,000
Total Sales: $1,286,743
Cash Flow: $211,790
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: Yes
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
Absentee Owner: No
Lease Option: Two 5 years option available
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $5,423
Type of Location: Retail Plaza
Square Footage: 2000
Reason For Sale: Personal / Family
Personal / Family
Training & Support: Seller provides training for two weeks at no cost.
Seller provides training for two weeks at no cost.
Financing/Terms: $300,000 is financed for 36 months at 7%.
$300,000 is financed for 36 months at 7%.