Turnkey 4,500 SF Italian Restaurant + Patio | North Palm Beach County

Description

CONFIDENTIAL – TURNKEY ITALIAN RESTAURANT & PIZZERIA
Prime North Palm Beach County Location
Asset Sale – Leasehold Interest & FF&E

High-Visibility AAA Shopping Center

Asking Price: $549,000
NDA and Proof of Funds Required for Access to Full Offering Package

Overview

Prakas & Co. is pleased to present a confidential opportunity to acquire a fully built-out, high-quality Italian restaurant located in North Palm Beach County.

This is a rare opportunity to step into a proven, high-volume location with over $2,000,000 invested into the buildout and infrastructure. A new operator can enter the market with minimal downtime and significantly reduced startup costs.

The offering is structured as an asset sale, inclusive of the existing lease and all furniture, fixtures, and equipment. Ownership is seeking a qualified buyer or experienced operator to continue the current concept or reposition the space under a new brand.

Key Highlights

• Prime positioning within a high-traffic, national-credit anchored shopping center
• Dense and affluent surrounding demographics
• Exclusive positioning for Italian cuisine within the center
• High-visibility frontage with strong daily traffic counts
• Institutional landlord with established tenancy

Space & Buildout

• Approximately 4,500 SF
• $2,000,000+ invested in buildout and infrastructure
• Fully equipped commercial kitchen with gas-assisted pizza ovens
• Wood-fired brick ovens in place
• Large full-service bar area
• Indoor and outdoor seating with expansive patio
• Turnkey condition with minimal cosmetic upgrades required

This space is ideally suited for:

• Italian / Pizza Concepts
• Mediterranean Concepts (landlord approved)
• Upscale Casual Dining
• Chef-Driven Concepts
• Indoor/Outdoor Fresco-Style Dining

Operational Flexibility

There is an opportunity for a buyer to continue operating the current concept through the off-season, generating revenue while planning renovations or repositioning. This allows for a strategic relaunch ahead of the 2026–2027 season, with a target reopening of November 1, 2026.

Financial Snapshot

• 2024 Gross Sales: Approximately $3,700,000

Full financials will be provided upon execution of a Non-Disclosure Agreement. Proof of funds corresponding to the prospective buyer, along with completion of a buyer qualification form, will be required prior to the release of confidential materials.

Lease Summary

• Rent: Approximately $26,000 per month (gross; inclusive of base rent, CAM, taxes, and insurance)
• Term Remaining: 4 years
• Option: One (1) additional 5-year renewal

Opportunity

This is a true second-generation restaurant opportunity with substantial infrastructure already in place. A new operator can capitalize on the existing buildout, premier location, and strong market fundamentals while repositioning the concept to unlock additional upside.

Confidentiality & Next Steps

This is a strictly confidential offering. All inquiries require execution of a Non-Disclosure Agreement and buyer qualification.

Upon approval, a full data room will be made available, including lease abstract, financial statements, photos, equipment list, and walkthrough materials.

Contact

For more information or to schedule a private tour, contact:

Prakas & Co. – Florida’s #1 Hospitality Brokerage
📞 Office: 561.368.0003
📧 tom@prakascompany.com
chas@prakascompany.com
nick@prakascompany.com

🌐 www.prakascompany.com

• Size: 4500 + Patio & Bar
• Lease: 4 Years + 5 Year Option
• Infrastructure Included: Yes - Full Kitchen & Bar
• Zoning: Restaurant & Bar
• Current Tenants: Italian Restaurant & Pizza