Profitable Italian Market – E2 Visa Opportunity! Palm Beach County - Corbett Restaurant Group
Boston, MA | Fort Lauderdale, FL | New York, NY | San Diego, CA
Price Reduced
Property Details
Location: Palm Beach County
State: Florida
County: Palm Beach County
Parking: Plenty of parking within lot
Lease Terms: New Lease Signed - Five-year initial term beginning Sept 2024 with one (1) five-year option
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: Over $200,000
Sales: $1,800,000
Asking Price: $499,999 (For the Business)
Concept: Italian Specialty Full-Service Market

Profitable Italian Market – E2 Visa Opportunity! Palm Beach County

Semi Absentee Owner – Ideal for E2 Visa or Passive Investors, with 40% ROI (could be increased to +50% for a Full Time Owner)

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. Great opportunity for a passive investor or a new owner that wants 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 35 years with a loyal customer base that values its unique offerings and exceptional service. Experienced staff in charge of daily operations. 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.  

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