Restaurant Opportunity on Lake Avenue – Affordable Rent, Turnkey Operation

Restaurant Opportunity on Lake Avenue – Affordable Rent, Turnkey Operation

Restaurant Opportunity on Lake Avenue – Affordable Rent, Turnkey Operation 1024 683 Prakas & Co
  • Restaurants For Sale

Description

Description:
Own and operate a thriving turnkey café on bustling Lake Avenue in Lake Worth. This high-traffic location offers 1,118 SF of rentable space, a welcoming storefront, and a fully built-out kitchen, making it an ideal opportunity for an owner-operator or investor. Just minutes from the beach, this café is positioned for strong foot traffic and high visibility.

Key Features:

  • Size: 1,118 SF rentable space with a fully built-out café and equipment.
  • Lease Terms: 4 years remaining on the lease (ending December 2028) with two 5-year renewal options.
  • Affordable Rent: $2,645/month base rent with manageable CAM fees of $615/month.
  • Proven Revenue: $298,711 in YTD 2024 sales, with $100,000 net income for an owner-operator.

Why This Opportunity?

  • Prime Location: High-visibility Lake Avenue location in a booming café and dining district.
  • Walkable Beach Proximity: Just minutes from the beach, surrounded by year-round foot traffic.
  • Growth Potential: Expand revenue by adding dinner service, delivery, or catering options.

Additional Information:

  • A detailed equipment list is available upon request.

Don’t Miss Out!

This is a confidential listing and will only be disclosed to serious buyers upon signing an NDA.

  • Size: 1118
  • Lease: 3260
  • Year built: 2024
  • Infrastructure Included: yes
  • Concept Exclusion: no
  • Current Tenants: cafe
  • Years in Business: 1
  • EBITDA: $ 100,000.00

Features

View on map / Neighborhood

This commercial property is located in Lake Worth Beach is currently and has been listed on Prakas & Co. This property is listed at $ 295,000.00 and is listed as 1118 sq ft. 

REQUEST MORE INFORMATION

    Lake Worth, FL, USA

    Description

    Description:
    Own and operate a thriving turnkey café on bustling Lake Avenue in Lake Worth. This high-traffic location offers 1,118 SF of rentable space, a welcoming storefront, and a fully built-out kitchen, making it an ideal opportunity for an owner-operator or investor. Just minutes from the beach, this café is positioned for strong foot traffic and high visibility.

    Key Features:

    • Size: 1,118 SF rentable space with a fully built-out café and equipment.
    • Lease Terms: 4 years remaining on the lease (ending December 2028) with two 5-year renewal options.
    • Affordable Rent: $2,645/month base rent with manageable CAM fees of $615/month.
    • Proven Revenue: $298,711 in YTD 2024 sales, with $100,000 net income for an owner-operator.

    Why This Opportunity?

    • Prime Location: High-visibility Lake Avenue location in a booming café and dining district.
    • Walkable Beach Proximity: Just minutes from the beach, surrounded by year-round foot traffic.
    • Growth Potential: Expand revenue by adding dinner service, delivery, or catering options.

    Additional Information:

    • A detailed equipment list is available upon request.

    Don’t Miss Out!

    This is a confidential listing and will only be disclosed to serious buyers upon signing an NDA.

    • Size: 1118
    • Lease: 3260
    • Year built: 2024
    • Infrastructure Included: yes
    • Concept Exclusion: no
    • Current Tenants: cafe
    • Years in Business: 1
    • EBITDA: $ 100,000.00

    Features

    View on map / Neighborhood

    This commercial property is located in Lake Worth Beach is currently and has been listed on Prakas & Co. This property is listed at $ 295,000.00 and is listed as 1118 sq ft. 

    REQUEST MORE INFORMATION

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