HomeListingProfitable Italian Market – Palm Beach County

Profitable Italian Market – Palm Beach County

Opportunity Details
Location: Palm Beach County
State: Florida
County: Palm Beach County
Parking: Plenty of parking within lot
Lease Terms: Less than 1 year remaining with one (1) five-year option.  Landlord is willing to provide TI upon signature of extension for 5 or 10 years.
Base Rent: $7,385 base rent plus CAM & Taxes
Seating: Seating for Approx. 8 outside – more can be added
Size: 3,108 sq.ft.
Hours: Open 7 days/week 8:30a-6p (closes at 5p on Sunday)
Licenses: Beer & Wine, Deli, and Retail licenses
Cash Flow: $200,000-$250,000
Sales: Historical sales of +/- $2 million
Asking Price: $775,000 (For the Business)
Concept: Italian Specialty Full-Service Market

Thriving turn-key business opportunity in an affluent and growing Palm Beach County town that promises not just a sophisticated Italian market, but a legacy of consistent profitability that has served generations.    This business has already carved a niche for itself in Palm Beach County as a go-to destination for discerning Italian food enthusiasts over many decades. With a stellar reputation for quality and freshness, it is poised for continued success. A new owner has the potential to take this to new heights; explore avenues for expansion and capitalize on the solid foundation laid by the existing location in this growing and affluent South Florida town.   This business has a track record of profitability that spans over 30 years with a loyal customer base that values its’ unique offerings and exceptional service. It is centrally located within a busy strip mall alongside national anchor tenants right off a high-traffic road close to residential areas and other businesses that locals frequent daily. Seller is motivated and will make this an easy transition for new ownership! Inquire to schedule a showing!

Request Information on this Listing

Property Request

Become a Hub member and start enjoying the benefits.

© 2024 · Corbett Hub · a Corbett Brands Company