$425,000
3,600 sq ft
EBITDA: 200,000
Boca Raton – 30 Years Established Italian Restaurant & Bar
Boca Raton, FL
Restaurants For Sale
Overview

NEW PRICE REDUCTION AS OF APRIL 1st, 2022.

Asking Price:$425,000

 

Business Description

Boca Raton – Est 1991 – Turn Key 3,600 SF Italian Restaurant

Prakas & Co is pleased to present this established Italian Restaurant & Bar in a prime Boca Raton location.
This is an operating restaurant

Long-term lease in place.

3,600 SF under air with patio seating.

Located in a Busy Publix Anchored Shopping Plaza.

Avg sales over the course of this sellers ownership is Approx $1,300,000

Established since 1991

150 seats – Qualifies for a full liquor license (SFS)

Rent: Gross $19,000 / month

________________
Location:Boca Raton, FL
Real Estate:Leased
Building SF:3,600
Lease Expiration:2/16/2029
Employees:14
Facilities:Home Based
Competition:Very busy shopping plaza. Ample parking.
Growth & Expansion:Large room for expansion – Not open for lunch –
Reason for Selling:2 partners are leaving the business

Gross Revenue:$1,300,000 AVERAGE Yearly Sales

EBITDA: Owner Comp $200,000 / year

FF&E: (Equipment inventory list to be created at time of sale)

Inventory:N/A

Rent:$19,000 per Month

Established:1991

Specifications
Size: 3,600 sq ft
Years In Business: 31
EBITDA: 200,000
Infrastructure Included: Yes
Photos

Location

Attachments

Athan “Tom” Prakas

Restaurant Consultant

Mobile: (561) 929-0111
Office: (561) 368-0003
Email: tom@prakascompany.com

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Boca Raton - 30 Years Established Italian Restaurant & Bar