Pizzeria for Sale in Palm Beach County

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Completely turnkey and ready for new Staff and management is in place.
Asking Price:
$395,000

Gross Revenue:
$1,015,600
Cash Flow:
$132,772
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This Pizzeria for sale and Italian Restaurant is in Royal Palm Beach, Florida. Completely turnkey and ready for new owner. Nothing was spared in the million-dollar build-out that's earning six figures!

This Pizzeria for sale and Italian concept has been in operation for almost three years. Sales and profits continue to grow. The owners have invested $1,000,000 in this restaurant, but other stores operations hinder their involvement at this location. They operate numerous restaurants in Florida and the distance to this location has forced the sale of this one with We Sell Restaurants. The pizzeria for sale features more than great pie. This is a fast-casual Italian eatery that is both profitable and completely turnkey. Sales in 2018 will exceed $1,000,000 with a seller’s discretionary income of $130,000.

This is not your typical pizzeria for sale. Nearby a regional shopping mall on a highly commercial road, with a trade area of more than 800,000 residents with an average household income of more than $80,000! National and local retailers, restaurants, and service providers fill the rented spaces in this popular plaza. The pizzeria for sale and Italian restaurant occupies 3,563 square feet and seats 96 guests. The reasonable monthly rent is only $13,800 per month, including all CAMS and taxes.

No expense was spared in the million-dollar build-out of this Italian beauty. You will be purchasing this pizzeria for sale at pennies on the dollar. You can continue to operate this business as is or easily convert to your own concept. Set up as a fast-casual Italian eatery, this pizzeria for sale space can easily convert to a full-service restaurant. The front of house is beautifully decorated and consists of a mix of table and chairs and booth seating. A fully equipped bar is already built in and there are five large televisions spaced around the dining room. The bar area has two keg boxes and features 12 beers and draft. The walls are covered with brick and the tables and booths are of the highest quality. The POS system has seven terminals, which is set up for high volume.

The fully equipped commercial kitchen has everything you need for virtually any concept. The exhaust hood is 12 feet long and the make-up air is conditioned. Your kitchen staff will love this feature! There are also two vented hoods that cover the three large Baker’s Pride Pizza Ovens at this pizzeria for sale. The dough mixer is an 80-quart Hobart, and other equipment includes and three fryers, flat top, double stacked convection oven, six burner stove and much more. The refrigeration package is all commercial and includes walk-in cooler and freezer, multiple pizza coolers, sandwich coolers, refrigerated equipment stands, ice machine, gelato freezer, and more.

About the Business

Year Established:
2016
Number of Employees:
6 FT 18PT
Real Estate:
Leased
Building Sq. Ft.:
3,563
Lease Amount/Mo.:
$13,800.00
Lease Expiration:
1/31/2025
Facilities:
5 televisions
20 tables
booth seating
4 highchairs
10 stools
47 chairs
3 booster seats
1 hightop table with electric
ice well
2 two door keg boxes with 2 heads and six taps
2 glass door low boy cooler
POS System with seven terminals
gelato freezer
3 bakers pride pizza ovens
2 pizza coolers
two door low boy cooler
double stacked convection oven
candy stock pot
six eye burner
flat top
refrigerated equipment stand
3 fryers
two hotel pan steam table
can rack
ice machine
walk-in cooler
walk-in freezer
2 speed racks
slicer
wood butcher block prep table
80 quart hobart dough mixer
dishmachine
three door sandwich cooler
Market Outlook/
Competition:
Located on very busy N/S road that is highly commercial. Area is surrounded by high income residential. Great area to improve delivery and catering business.
Growth & Expansion:
The demographics of this restaurant for sale are impressive. Population in the area is expanding and the average household income is in excess of $77,000.
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About the Sale

Reason For Selling:
Other
Training/Support:
Owner will train for two weeks at no additional cost

Listing Info

ID:
1548718
Ad Detail Views:
316

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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

 Show Phone Number

View My 25 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Palm Beach County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Palm Beach County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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