Two Italian Restaurants with Absentee Owner - Business for Sale
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Two Italian Restaurants in Palm Beach County, FL
FL, US
Added 5 days ago
Italian Restaurants and Pizzerias
19 years in business
Absentee / Semi-AbsenteeRetiring Owner
Two Italian restaurants and pizzerias with full liquor licenses and absentee ownership are offered for sale in Palm Beach County, FL.
Key Information
Asking
$1.1M
Revenue
$1.9M
Earnings
$351K
Multiple
3.3x
Key Highlights
- Two Italian restaurants/pizzerias located in Palm Beach County, FL
- Business established for 19 years
- Owner is absentee and retiring
- Both locations have full liquor licenses and long-term leases
- Net rent is about 10% of total sales
- Fully staffed with management in place at each location
- Pizza accounts for about half of overall sales
- Lunch and dinner served 7 days per week
Contact Info
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