Asking Price
$775,000
Gross Revenue
$2,000,000
Cash Flow
Not Disclosed
Overview
Business
Description
Thriving turn-key business opportunity in an affluent and growing Palm Beach County town that promises not just a sophisticated Italian market, but a legacy of consistent profitability that has served generations. This business has already carved a niche for itself in Palm Beach County as a go-to destination for discerning Italian food enthusiasts over many decades. With a stellar reputation for quality and freshness, it is poised for continued success. A new owner has the potential to take this to new heights, explore avenues for expansion and capitalize on the solid foundation laid by the existing location in this growing and affluent South Florida town. This business has a track record of profitability that spans over 30 years with a loyal customer base that values its’ unique offerings and exceptional service. It is centrally located within a busy strip mall alongside national anchor tenants right off a high-traffic road close to residential areas and other businesses that locals frequent daily. Seller is motivated and will make this an easy transition for new ownership! Inquire to schedule a showing!
Location: Palm Beach County
State: Florida
County: Palm Beach County
Parking: Plenty of parking within lot
Lease Terms: Less than 1 year remaining with one (1) five-year option. Landlord is willing to provide TI upon signature of extension for 5 or 10 years.
Base Rent: $7,385 base rent plus CAM & Taxes
Seating: Seating for Approx. 8 outside – more can be added
Size: 3,108 sq.ft.
Hours: Open 7 days/week 8:30a-6p (closes at 5p on Sunday)
Licenses: Beer & Wine, Deli, and Retail licenses
Cash Flow: $200,000-$250,000
Sales: Historical sales of +/- $2 million
Asking Price: $775,000 (For the Business)
Concept: Italian Specialty Full-Service Market
Premises
Location
Palm Beach County, FL
Contact The Seller
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