Premier Italian Restaurant
Premier Italian Restaurant for sale with fabulous lease and extremely high cash flow! Grossing just under $3M in 2017 with owner benefit of approximately $700K. Transparent financials available for review. Located in high-end part of Palm Beach County, this restaurant seats 72 and has full 4COP liquor license. Ten year lease in place; current rent is $5200/month. Owner spent over $300K on deluxe build-out and fabulous decor. Fully equipped kitchen, POS system, ample parking, highly trained staff of 30 (including two managers) and tremendous goodwill. Owner is partially absentee. Asking price of $1.1M, and owner will consider holding a Note for a portion of the purchase price. Hours are sun-thur 3pm-10:30pm, fri-sat 11:30am-11pm. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form and proof of funds is required.
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