Prakas & Co is pleased to exclusively list this rare and highly profitable opportunity to acquire a long-standing and successful Italian restaurant located in Palm Beach County. This exclusive listing boasts a prime location, with a spacious 4,570 sq ft under air and a brand new lease of 15 years left. The lease includes CAM, tax, and insurance, making it an undervalued long-term lease with caps that can only go up 3% every 5 years.
The restaurant has been under the same ownership for 32 years, offering a simple operation with a 2COP beer and wine license in place. The new owner can add a full bar and in-house delivery drivers to boost the bottom line. With an impressive owner net of $700k-$1m, this business is an excellent investment opportunity for entrepreneurs looking to expand their portfolio or those seeking a high return on investment.
This restaurant is being sold as an exclusive listing and provides a unique opportunity to acquire a highly profitable and successful Italian restaurant. Contact us now for more information and to schedule a viewing.”
Please note that as this is a highly confidential listing, you may want to adjust the level of detail provided in the description to protect the seller’s privacy.
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***Please note that due to the highly confidential nature of this listing, interested parties will be required to sign a non-disclosure agreement (NDA) before receiving any further information. This NDA is designed to protect the seller and the vital staff in place and is a standard procedure for all potential buyers of this restaurant listing. Whether you are an established restaurateur or simply someone seeking more information about this unique opportunity, we appreciate your understanding and cooperation in maintaining the confidentiality of this listing.