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BUSINESS FOR SALE - PROFILE #  110-1933-MQ

Profitable Lake Worth Italian Restaurant
Lake Worth

Asking Price: $495,000   Down Payment:  
Gross Revenue: $903,717   Adj. Cash Flow*: $172,673  
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Executive Summary
Excellent opportunity to own an established, ZAGAT rated, fully equipped and profitable Italian Restaurant. Generate cash from day One! Dinner ONLY, no late Nights. Full liquor(SRX license), private parties. Features 2 separate dining Rooms and Bar. Great lease in an up and coming area! Owner does back-office/management-not in the kitchen! Long-tenured and respected staff. Low advertising - Add Lunch and watch Sales Fly.

Lender Pre-Qualified! Total sales over $1,000,000 in 2017!

This Florida based Italian Restaurant for sale is presented by Sunbelt Business Brokers of South Florida, a division of SUNBELT, the largest organization of business brokers and M&A professionals in the world. With a local presence and global marketing reach, Sunbelt Business Brokers of South Florida has provided main-street and lower middle market business owners and buyers with unsurpassed deal expertise for nearly 20 years. For more information on this business for sale contact Mark Quinn at mark.quinn@sunbeltnetwork.com or 561-832-9222.

Acquisition Highlights

  • Financing Information:  Seller or third party financing may be available
  • Training Information:  Seller will negotiate a transition period
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2003 Inventory: $3,000 Included
Employees: 5 FT, 16 PT Furniture, Fixtures & Equipment: $167,000 Included
Lease/Rent: $5,000 Real Estate:
Building Sq Ft: 5,000
    Total Assets Included in Sale: $240,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  WARREN CAVE
Phone:  (561) 994-5300
Fax:  (561) 994-9355
Other:  (561) 573-4809
E-mail:  sflorida@sunbeltnetwork.com
SUNBELT BUSINESS BROKERS OF SOUTH FLORIDA
4440 PGA Blvd, Suite 103
Palm Beach Gardens, FL 33410
sunbeltsfl.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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