Food & BeverageVerified Seller
Upscale Italian Restaurant & Bar in Palm Beach - $995K - $355K Cash Flow
Palm Beach, Florida
Asking Price$995,000
Annual RevenueUpon Request
EBITDA / Cash Flow$220,000Implied Multiple: 4.5x EBITDA
Executive Overview
Seize the chance to own a renowned, profitable upscale Italian restaurant and bar located in the vibrant heart of Palm Beach County, FL. Priced at just $995,000, this established business delivers robust cash flow and boasts a devoted clientele, making it an exceptional investment opportunity for experienced restaurateurs or those seeking a turnkey operation.
Key Investment Highlights
- •Asking Price: $995,000
- •Cash Flow: $355,500
- •Established: 2007 – 17 years of successful operation
- •Team: 23 experienced employees
- •Seating Capacity: 90 (main dining), 30 (private room), 146 (outdoor)
- •Annual Revenue: $2,000,000
- •Gross Profit Margin: 60%
- •Total Area: 7,000 sq. ft.
- •Recent Price Reduction: $205,000 off, now 18% below Broker Price Opinion
- •Future Equipment Write-Offs: $420,000 scheduled for 2025
Operating since 2007, this Italian restaurant has become a cornerstone of the South Florida dining scene, celebrated for its authentic cuisine and sophisticated ambiance. The business recently underwent a strategic price reduction, making it an extraordinary value—now priced 18% below its Broker Price Opinion. Significant upcoming equipment write-offs of $420,000 further enhance the financial appeal for a new owner.