Profitable Italian Market – Palm Beach County - Corbett Business Sales & Acquisitions
Palm Beach County

Profitable Italian Market – Palm Beach County

Offered At
$ 517,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
230000
EBITDA
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FFE
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Year Established
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Includes REA
0
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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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! Would be a great E2 Visa opportunity!! Inquire to schedule a showing!

FACILITY: Located within a strip mall
PARKING: Plenty of parking within lot
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM: New long-term lease available
BASE RENT: Lease terms to be negotiated with landlord consistent with market rates
CONCEPT: Italian Specialty Full-Service Market
SIZE: 3,108 sq.ft.
SEATS: Seating for Approx. 8 outside – more can be added
HOURS: Open 7 days/week 8:30a-6p (closes at 5p on Sunday)
LICENSES: Beer & Wine, Deli, and Retail licenses
SALES: Historical sales of +/- $2 million
CASH FLOW: $230,000 in 2023
ASKING PRICE: $517,000 (For the Business)

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