- Restaurants For Sale
Description
Lake Worth Beach, FL| Asking Price: $195,000 | Asset Sale
Overview
Over a decade of operating history on one of Palm Beach County’s most active downtown streets. Fully built-out, fully equipped brick oven pizzeria offered as an asset sale — you are acquiring the lease, the buildout, the equipment, and the brand. No construction. No buildout costs. No waiting. Seller is retiring after 11 years and is motivated to close.
Why This Listing Stands Out
Brand new 5-year lease signed January 2026. A buyer steps in with five full years of secured occupancy from day one, plus a 5-year renewal option locking the location through 2036. Rent is $5,900/month all-in with fixed 3% annual escalations. In a downtown Lake Worth Beach market where rents continue to climb, this lease is a genuine competitive advantage.
Property & Location
Lake Avenue — prime storefront on the main street of downtown Lake Worth Beach 1,375 SF interior | 25–30 seats + alfresco streetside dining Year-round foot traffic from locals, tourists, and a growing downtown residential base Surrounded by restaurants, bars, boutiques, and retail on one of Palm Beach County’s most walkable corridors
Financial Overview
Asking Price: $195,000 Gross Revenue: $479,027 FF&E Included: $60,000 Inventory Included: $5,000 Structure: Asset sale — seller not providing financials. Buyer acquires the lease, buildout, equipment, and ongoing operations.
What’s Included
Brick oven + full commercial kitchen ($60,000 FF&E) Hood, ventilation, and fire suppression system All refrigeration, prep equipment, and smallwares Beer & wine license POS system All furniture and fixtures Inventory at close (~$5,000) 7 existing trained employees Recipes, branding, and social media Lease assignment (landlord consent required — cannot be unreasonably withheld)
Lease Summary
Lease Signed: January 2026 Expiration: February 28, 2031 Renewal Option: One 5-year option (through ~2036) Base Rent: $5,900/month all-in Escalations: 3% fixed annually Assignment: Requires landlord consent — cannot be unreasonably withheld
Ideal Buyer
Owner-operators with restaurant or food service experience. A buyer with a pizza or Italian concept background steps in with an immediate advantage. The buildout is concept-specific — brick oven, full Italian kitchen infrastructure — making this ideal for someone continuing the existing concept or bringing a complementary vision. Multi-unit operators, franchise groups, and experienced first-time buyers with hospitality backgrounds are encouraged to inquire.
Contact
Chas Prakas, Senior VP Prakas & Co.
Direct: 561-400-1058 / Office: 561-368-0003
prakascompany.com
- Size: 1,375 + Patio
- Lease: 10
- Infrastructure Included: Fully built-out second gen pizzeria
- Zoning: Restaurant / Food & Beverage Use (subject to landlord approval)
- Concept Exclusion: Asian
- Current Tenants: Pizza
- Years in Business: 15
Features
View on map / Neighborhood
This commercial property is located in Lake Worth Beach is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 195,000.00 and is listed as .
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Restaurants & Bars For Sale
$ 195,000.00
Description
Lake Worth Beach, FL| Asking Price: $195,000 | Asset Sale
Overview
Over a decade of operating history on one of Palm Beach County’s most active downtown streets. Fully built-out, fully equipped brick oven pizzeria offered as an asset sale — you are acquiring the lease, the buildout, the equipment, and the brand. No construction. No buildout costs. No waiting. Seller is retiring after 11 years and is motivated to close.
Why This Listing Stands Out
Brand new 5-year lease signed January 2026. A buyer steps in with five full years of secured occupancy from day one, plus a 5-year renewal option locking the location through 2036. Rent is $5,900/month all-in with fixed 3% annual escalations. In a downtown Lake Worth Beach market where rents continue to climb, this lease is a genuine competitive advantage.
Property & Location
Lake Avenue — prime storefront on the main street of downtown Lake Worth Beach 1,375 SF interior | 25–30 seats + alfresco streetside dining Year-round foot traffic from locals, tourists, and a growing downtown residential base Surrounded by restaurants, bars, boutiques, and retail on one of Palm Beach County’s most walkable corridors
Financial Overview
Asking Price: $195,000 Gross Revenue: $479,027 FF&E Included: $60,000 Inventory Included: $5,000 Structure: Asset sale — seller not providing financials. Buyer acquires the lease, buildout, equipment, and ongoing operations.
What’s Included
Brick oven + full commercial kitchen ($60,000 FF&E) Hood, ventilation, and fire suppression system All refrigeration, prep equipment, and smallwares Beer & wine license POS system All furniture and fixtures Inventory at close (~$5,000) 7 existing trained employees Recipes, branding, and social media Lease assignment (landlord consent required — cannot be unreasonably withheld)
Lease Summary
Lease Signed: January 2026 Expiration: February 28, 2031 Renewal Option: One 5-year option (through ~2036) Base Rent: $5,900/month all-in Escalations: 3% fixed annually Assignment: Requires landlord consent — cannot be unreasonably withheld
Ideal Buyer
Owner-operators with restaurant or food service experience. A buyer with a pizza or Italian concept background steps in with an immediate advantage. The buildout is concept-specific — brick oven, full Italian kitchen infrastructure — making this ideal for someone continuing the existing concept or bringing a complementary vision. Multi-unit operators, franchise groups, and experienced first-time buyers with hospitality backgrounds are encouraged to inquire.
Contact
Chas Prakas, Senior VP Prakas & Co.
Direct: 561-400-1058 / Office: 561-368-0003
prakascompany.com
- Size: 1,375 + Patio
- Lease: 10
- Infrastructure Included: Fully built-out second gen pizzeria
- Zoning: Restaurant / Food & Beverage Use (subject to landlord approval)
- Concept Exclusion: Asian
- Current Tenants: Pizza
- Years in Business: 15
Features
View on map / Neighborhood
This commercial property is located in Lake Worth Beach is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 195,000.00 and is listed as .