Sold to – Amar Mediterranean Kitchen & Bar – Delray’s Hottest New Restaurant

Description

Prakas & Co. is delighted to announce the successful sale of a premier turnkey restaurant in the heart of Downtown Delray Beach.

This 4,300 SF establishment, complete with a spacious patio, has been a cornerstone of the local dining scene.

Address: 25 SE 6th Ave, Delray Beach, FL 33483

We had the privilege of representing both the buyer and the seller in this transaction. The seller, having previously operated a successful concept in this space, sought to transition to new ventures within the restaurant industry. After multiple negotiation rounds, both parties reached a mutually beneficial agreement.

The buyer, Amar Mediterranean Bistro, previously located just 500 feet away, seized this opportunity to expand their operations. The new location offers several advantages:

• Full Liquor License: Enhancing their beverage offerings to complement their acclaimed Mediterranean cuisine.
• Increased Space: Providing a larger dining area to accommodate more guests and improve the overall dining experience.
• Covered Outdoor Patio: Offering an inviting alfresco dining option for patrons.
• Proximity to Public Parking: Situated adjacent to a substantial City of Delray Beach public parking lot, ensuring convenient access for guests.

This strategic move has already proven successful, with Amar Mediterranean Bistro emerging as one of Downtown Delray Beach’s most popular dining destinations on Atlantic Avenue.

At Prakas & Co., we take pride in facilitating such significant transactions that contribute to the vibrant culinary landscape of South Florida. Our expertise in hospitality brokerage ensures that both buyers and sellers achieve their business objectives seamlessly.

• Size: 4300
• Lease: Longterm Lease
• Infrastructure Included: Yes - Full Kitchen & Bar
• Zoning: Restaurant / Bar
• Current Tenants: Amar