Palm Beach Lakes Blvd Restaurant & Bar – Established 45 years! Profitable Business

Palm Beach Lakes Blvd Restaurant & Bar – Established 45 years! Profitable Business

Palm Beach Lakes Blvd Restaurant & Bar – Established 45 years! Profitable Business 960 640 Prakas & Co
  • Restaurants For Sale

Description

Welcome to our newest restaurant and bar listing located in the vibrant city of West Palm Beach, FL. This long-established turnkey operation presents a fantastic opportunity for the right buyer to take advantage of 45 years of success and profit.

The free-standing building boasts the busiest traffic count in Palm Beach County, with 2021 sales of $1,850,000. The interior and kitchen have undergone recent renovations and are fully equipped with all furnishings, fixtures, and equipment included.

Covering 4,900 square feet and featuring a covered patio, this restaurant and bar has a rent figure of $11,700/month, with a long-term lease in place until 2047. The EBITDA is $400,000 per year, and all infrastructure is included.

Don’t miss out on this amazing business opportunity! Contact the listing agent, A. Tom Prakas, at 561.929.0111 or tom@hospitality.prakascompany.com for more information.

  • Established 45 years
  • FREE-STANDING BUILDING
  • 2021 Sales: $1,850,000
  • BUSIEST TRAFFIC COUNT IN Palm Beach County
  • Rent Figure: $11,700 / month ALL IN.
  • LONG TERM LEASE IS IN PLACE TILL 2047
  • Everything goes, All FF&E included. Recent renovations were completed as well to the interior & kitchen. 
  • Size: 4,900 SF + covered patio

– $400,000 / year Owner COMP

 

  • Lease: 25
  • Infrastructure Included: Yes
  • Years in Business: 45
  • EBITDA: $ 400,000.00

Features

View on map / Neighborhood

Agent

Agent profile image
Tom Prakas Mobile: (561) 929-0111 OFFICE: (561) 368-0003
tom@prakascompany.com Company: Prakas Company Athan “Tom” Prakas is a Delray Beach resident and owner of Prakas & Co, Inc., a commercial real estate brokerage company specializing in restaurant, hospitality and commercial properties, headquartered in Boca Raton.

This commercial property is located in is currently and has been listed on Prakas & Co. This property is listed at $ 995,000.00 and is listed as 4900 sq ft. 

Palm Beach Lakes, West Palm Beach

Description

Welcome to our newest restaurant and bar listing located in the vibrant city of West Palm Beach, FL. This long-established turnkey operation presents a fantastic opportunity for the right buyer to take advantage of 45 years of success and profit.

The free-standing building boasts the busiest traffic count in Palm Beach County, with 2021 sales of $1,850,000. The interior and kitchen have undergone recent renovations and are fully equipped with all furnishings, fixtures, and equipment included.

Covering 4,900 square feet and featuring a covered patio, this restaurant and bar has a rent figure of $11,700/month, with a long-term lease in place until 2047. The EBITDA is $400,000 per year, and all infrastructure is included.

Don’t miss out on this amazing business opportunity! Contact the listing agent, A. Tom Prakas, at 561.929.0111 or tom@hospitality.prakascompany.com for more information.

  • Established 45 years
  • FREE-STANDING BUILDING
  • 2021 Sales: $1,850,000
  • BUSIEST TRAFFIC COUNT IN Palm Beach County
  • Rent Figure: $11,700 / month ALL IN.
  • LONG TERM LEASE IS IN PLACE TILL 2047
  • Everything goes, All FF&E included. Recent renovations were completed as well to the interior & kitchen. 
  • Size: 4,900 SF + covered patio

– $400,000 / year Owner COMP

 

  • Lease: 25
  • Infrastructure Included: Yes
  • Years in Business: 45
  • EBITDA: $ 400,000.00

Features

View on map / Neighborhood

Agent

Agent profile image
Tom Prakas Mobile: (561) 929-0111 OFFICE: (561) 368-0003
tom@prakascompany.com Company: Prakas Company Athan “Tom” Prakas is a Delray Beach resident and owner of Prakas & Co, Inc., a commercial real estate brokerage company specializing in restaurant, hospitality and commercial properties, headquartered in Boca Raton.

This commercial property is located in is currently and has been listed on Prakas & Co. This property is listed at $ 995,000.00 and is listed as 4900 sq ft. 

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