Upscale East Jupiter Italian/Pizzeria Restaurant

Contact Seller
Extremely Profitable Upscale Italian Restaurant for sale in Jupiter
Asking Price:
$450,000

Gross Revenue:
$1,419,471
Cash Flow:
$133,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

Extremely Profitable Upscale Italian restaurant for sale in East Jupiter. Established over 8 years as a high end Italian restaurant destination catering to the growing North Palm Beach County population. 4,400 sq. ft, plus outdoor patio. Seating for 150 inside and 50 on private patio. Over 200k invested in remodel in 2015. Sales exceed 1.4 million + Owner benefit 133k for 2017. Visa qualified. Experienced kitchen staff (Owner doesn't cook). Fully equipped kitchen with walk-in and custom pizza oven exposed to dining room. 3 yrs tax returns on file. 4COP SRX liquor licenses included. Very loyal clientele with strong happy hour. Numerous opportunities for increased sales. Preliminary approval for SBA 7(a) Loan, which may require down payment as little as 10% of purchase price if combined with Seller Note.

About the Business

Year Established:
2010
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
4,392
Lease Amount/Mo.:
$13,947.00
Lease Expiration:
10/31/2020
Facilities:
Rent/Month (including CAM, Sales Tax, etc.):$13,947
Lease Expires: 10/31/2020 (Landlord Willing to Execute New Lease w/ 10 year term)
Options: 2 Five-Year
Size: 4,392 Square Feet
Type: Upscale Shopping Center
Market Outlook/
Competition:
Established in a prime East Jupiter location, this restaurant sits among other upscale restaurants in the booming East Jupiter district.
Growth & Expansion:
Many opportunities for growth, including dedicated manager/chef, full lunch service, delivery, catering, Sunday brunch, enhanced menu, enhanced food quality, etc.
Contact the Seller

About the Sale

Reason For Selling:
Partnership Dissolution
Training/Support:
30 days/no cost or as requested by Buyer
Seller Financing:
Seller willing to finance sale with reasonable terms and more than 50% down.

Listing Info

ID:
1380104
Ad Detail Views:
863

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Brad Kuskin

Keller Williams Commercial
License# Sl3333122KW

 Show Phone Number

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.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
;