Current Use by Public Records
- Retail properties & Spaces
Property Details for 4COP Sfs Liquor License
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving Italian restaurant in Boynton Beach, Florida, presents a unique investment opportunity. Boasting 3,900 square feet of space, the restaurant features a fully equipped commercial kitchen, including an 18-foot exhaust hood, inground grease trap, two walk-in coolers, and a walk-in freezer. A separate pizza venting hood houses a double-stacked Bakers Pride pizza oven and a Hobart dough mixer. The dining area comfortably seats 130 guests inside, with an additional 40 seats on the outdoor patio. The bar area accommodates 12 patrons. Extensive equipment is included in the sale, encompassing prep tables, pizza coolers, a wine cooler, various refrigeration units, cooking equipment (six-eye burners, char broiler, fryers, convection ovens), and a POS system. The restaurant enjoys a prime location with high street visibility, situated in a densely populated area with high average household incomes ($80,082 within a three-mile radius). Annual sales reached $1,800,000 in 2022 and $1,600,000 in 2023 (following a six-week rebranding). A long-term lease is in place, expiring September 30, 2028, with a monthly rent of $17,824 (inclusive of CAM and taxes). A 4COP SFS liquor license transfers with the sale. The current owner will provide two weeks of training. Seller financing is available. The restaurant currently employs 25 staff members (12 full-time, 13 part-time). Operating hours are Monday-Thursday 11:30 am - 9 pm, Friday-Saturday 11:30 am - 10 pm, and Sunday 11:30 am - 8 pm. The business is being sold due to a family health issue.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1987
- Latitude
- 26.541
