Italian Rest. Pizzeria, 19 Yr. Lease, Prime Loc. w/Movie Theater

Listing Number: 6401-920530

Description

Rare opportunity! Beautiful Italian restaurant and pizzeria asset sale, located in a prestigious and high-end area of Palm Beach County.
The restaurant seats 119 (87 inside and 32 seats on the outside covered patio) and is next to one of the largest luxury movie theaters in SE FL, in a premium well anchored plaza.

The lease has 19 years remaining and an unbelievable low rent of only $4,412. a month which includes garbage & water. The Restaurant will meet the County requirements for a 4COP SFS full liquor license which cost about $1,900 a year.

This is a rare restaurant opportunity ready for a new owner just in time for the upcoming season. Buyer's NDA and personal financial statement required prior to full disclosure.

Listing Details

• Price: $335,000
• Down Payment: $167,500
• Sellers Discretionary Earnings: $0
• Total Sales: $0
• Location: Palm Beach County, Florida


• Inventory: $0
• FF&E: $65,000
• Employees: 7
• Year Established: 6
• Reason for Selling: New venture not in restaurant biz.
• Category: Restaurants