- Restaurants For Sale
Description
Discover a prime turnkey restaurant opportunity in a vibrant Palm Beach County location, set within a bustling lifestyle destination known for its heavy foot traffic and dynamic community. This opportunity is anchored by a lease that began in September 2019, providing a solid foundation with 10 years on the initial term and options for two additional 5-year extensions, ensuring long-term stability and growth potential.
MUST SIGN NDA TO RECEVIE FULL INFORMATION: IF YOU ARE A BROKER REPRESENTING SOMEONE, YOU MUST HAVE YOUR CLIENT SIGN THE NDA TO REGISTER.
Key features include:
- Prime Palm Beach County Location: Positioned in a premier lifestyle destination, this restaurant benefits from high visibility, significant foot traffic, and the added attraction of a major grocery store joining the plaza.
- Contemporary Design and Spacious Layout: The space features a modern, inviting interior with 2,850 sq ft of indoor area and an expansive 1,500 sq ft patio, ideal for a variety of dining experiences and events.
- Turnkey Business Opportunity: This sale includes everything needed for immediate operation: a long-term lease, top-tier kitchen equipment, necessary licenses, and stylish furniture and fixtures.
- Strong Financial Performance: With gross sales of $2.4 million and owner compensation of $600k in 2023, this restaurant offers a highly lucrative investment opportunity.
- Fully-Equipped Professional Kitchen: Equipped with the latest appliances, the kitchen supports efficient, high-quality food preparation and service.
- Desirable Operational Costs: The all-inclusive monthly rent is $14,000, with reasonable expenses for utilities, making for sustainable business operations.
- Strategic Opportunity in a Thriving Community: Be part of a vibrant “Shop. Dine. Live.” community, where your restaurant will significantly benefit from the visibility and appeal, especially with the introduction of new high-profile retail.
- Ideal for entrepreneurs and culinary professionals: This is a perfect opportunity for seasoned restaurateurs or emerging chefs aiming to make their mark or expand in a growing Palm Beach County locale.
Leverage this strategic location, impressive financials, and the turnkey nature of this restaurant to establish or grow your presence in the heart of one of Palm Beach County’s most dynamic communities.
- Size: 2850
- Lease: 15
- Year built: 2020
- Infrastructure Included: Yes
- Years in Business: 5
- EBITDA: $ 590,000.00
Features
- Attachments: Prakas-Co.-CA-1.pdf
This commercial property is located in is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 595,000.00 and is listed as .Â
Restaurants & Bars For Sale
$ 595,000.00
Description
Discover a prime turnkey restaurant opportunity in a vibrant Palm Beach County location, set within a bustling lifestyle destination known for its heavy foot traffic and dynamic community. This opportunity is anchored by a lease that began in September 2019, providing a solid foundation with 10 years on the initial term and options for two additional 5-year extensions, ensuring long-term stability and growth potential.
MUST SIGN NDA TO RECEVIE FULL INFORMATION: IF YOU ARE A BROKER REPRESENTING SOMEONE, YOU MUST HAVE YOUR CLIENT SIGN THE NDA TO REGISTER.
Key features include:
- Prime Palm Beach County Location: Positioned in a premier lifestyle destination, this restaurant benefits from high visibility, significant foot traffic, and the added attraction of a major grocery store joining the plaza.
- Contemporary Design and Spacious Layout: The space features a modern, inviting interior with 2,850 sq ft of indoor area and an expansive 1,500 sq ft patio, ideal for a variety of dining experiences and events.
- Turnkey Business Opportunity: This sale includes everything needed for immediate operation: a long-term lease, top-tier kitchen equipment, necessary licenses, and stylish furniture and fixtures.
- Strong Financial Performance: With gross sales of $2.4 million and owner compensation of $600k in 2023, this restaurant offers a highly lucrative investment opportunity.
- Fully-Equipped Professional Kitchen: Equipped with the latest appliances, the kitchen supports efficient, high-quality food preparation and service.
- Desirable Operational Costs: The all-inclusive monthly rent is $14,000, with reasonable expenses for utilities, making for sustainable business operations.
- Strategic Opportunity in a Thriving Community: Be part of a vibrant “Shop. Dine. Live.” community, where your restaurant will significantly benefit from the visibility and appeal, especially with the introduction of new high-profile retail.
- Ideal for entrepreneurs and culinary professionals: This is a perfect opportunity for seasoned restaurateurs or emerging chefs aiming to make their mark or expand in a growing Palm Beach County locale.
Leverage this strategic location, impressive financials, and the turnkey nature of this restaurant to establish or grow your presence in the heart of one of Palm Beach County’s most dynamic communities.
- Size: 2850
- Lease: 15
- Year built: 2020
- Infrastructure Included: Yes
- Years in Business: 5
- EBITDA: $ 590,000.00
Features
- Attachments: Prakas-Co.-CA-1.pdf
This commercial property is located in is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 595,000.00 and is listed as .Â