One of PGA’s Greatest Restaurant Locations Now For Sale

Description

We are thrilled to present an exclusive opportunity to own a high-performing business in the heart of one of Florida’s most vibrant communities. This listing represents a unique chance to acquire a thriving establishment within the hospitality sector, renowned for its exceptional service and strong financial performance.

• Overview of Opportunity:

ASKING PRICE: $1,950,000 – for the business, name, operations, intellectual properties, leasehold, catering business and the 4cop liquor license

Business Type: A modern market, restaurant, and wine bar known for its small plates, wine selection, craft cocktails, and an inviting outdoor bar. This business has established itself as a local favorite and a destination for both residents and visitors.
Financial Highlights:
Gross Sales (2023): $3,140,329
Owner Benefit: $359,392
Current Owners’ Salary:  $130,000 annually
Location: Situated in a prime location within a bustling shopping plaza, offering significant visibility and foot traffic. The establishment benefits from prominent plaza and patio signage, enhancing its market presence.

• Facility and Lease Details:

Size: Approximately 3,627 square feet with seating for 140-160 guests, complemented by a spacious outdoor patio.
Catering: Includes a substantial catering business, contributing to the establishment’s diverse revenue streams.
Lease: Exceptionally undervalued at $6,126.10 per month, with 10 years remaining and an option for a five-year extension.
Additional Financials: Favorable overhead costs, including real estate taxes, insurance, and common area maintenance.
Licensing: Comes with a valuable 4COP liquor license, alongside other business assets and an assignable leasehold.

• Operational Hours:

Open six days a week with varying hours, including weekends. Closed on Mondays.

• Confidentiality Notice:

Please note that this information is provided under strict confidentiality. Detailed information, including the business’s exact location and name, will be disclosed to qualified buyers upon signing our standard Non-Disclosure Agreement (NDA). This process ensures the protection of the business’s identity and proprietary details.

• Next Steps:

If this opportunity aligns with your investment criteria and you wish to learn more, please reply to this listing to initiate the NDA process. Please call our office 561.368.0003 for more information on how to be sent out NDA. Once completed, we will provide you with a comprehensive business prospectus, including all pertinent details necessary for your due diligence.

NDA LINK (CLICK HERE)

Thank you for considering this exceptional opportunity. We look forward to potentially partnering with you on this venture and are available to answer any preliminary questions you might have.

Best regards,

• Size: 3617
• Lease: 15
• Infrastructure Included: yes - kitchen and bar
• Years in Business: 9
• EBITDA: $ 360,000.00