Profitable Italian Restaurant for Sale - Palm Beach County
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Asking Price
$640,000
Detailed Information
Palm Beach County, Florida, US
Not Provided
NA
Business Description
A highly profitable Italian restaurant in an upscale Palm Beach County community is up for sale, making it an ideal opportunity for a seasoned chef looking to fulfill their dream of owning a restaurant or for a restaurant group aiming to expand. The restaurant boasts a loyal customer base in a charming neighborhood, backed by stellar online reviews with a 4.7-star rating on Open Table. Reservations are in high demand, often booked a year in advance for prime dining times. The business has a strong financial foundation, with clean books managed by a CPA and an owner benefit projected to be $415K+ in 2023. Operating from Tuesday to Saturday between 5pm-10pm, the restaurant seats 32 guests indoors, with potential for additional outdoor seating. The 1,200 square foot facility with a lease expiring in June 2025 offers a prime location, and the landlord is willing to negotiate extended lease terms. Fully equipped with recent upgrades, the owner is committed to facilitating the success of the