- Restaurants For Sale
Description
CONFIDENTIAL LISTING – PROFITABLE GREEK RESTAURANT – SOUTH PALM BEACH COUNTY
Asking Price: $495,000 (Business Sale Only)
Concept: Authentic Greek | Full Service – Lunch & Dinner
Location: Confidential – South Palm Beach County, FL
Business Overview:
Prakas & Co. is exclusively representing the sale of a long-standing, high-performing Greek restaurant located in a bustling shopping plaza in South Palm Beach County. With over 25 years of operating history, this business has a loyal customer base, strong cash flow, and a fully built-out kitchen and bar ready for a new owner.
Key Details:
-
Size: ±3,200 SF under air + covered outdoor bar & patio seating
-
Rent: $10,600/month Gross (All-In)
-
Seating Capacity: 160 Indoor & Outdoor
-
Lease: 2 years remaining + (1) 5-year renewal option
-
Renovation: Interior updated in 2017
-
Ownership: Same operator for 27 years
Financial Summary:
-
2021 Net Income: ~$300,000 (with add-backs)
-
2024 YTD Net Income: ~$150,000
-
Financials available upon signing NDA
Highlights:
-
Turnkey operation with full bar
-
Private event/catering room
-
Covered patio with outdoor bar
-
Located in a high-traffic retail center alongside national tenants
-
Surrounded by major residential density and daily traffic drivers
-
Includes all FF&E, business assets, and lease rights
Kitchen Equipment (Partial List):
-
Convection oven, 6-burner stove, flat-top grill, lava rock grill, gyro machine
-
Walk-in fridge/freezer, cold stations, beer coolers, soda systems
-
4 iPad POS stations, 10-camera security system, music system
-
All cookware, prep tables, utensils, and warewashing stations included
Included in Sale:
-
Business
-
Lease
-
Equipment
-
Licenses
-
Operating Systems
-
Interior and patio furnishings
Buyer must sign an NDA prior to receiving confidential business name, address, and financial documentation.
Interested in Learning More?
Please contact:
Tom Prakas
📞 561.929.7999
✉️ tom@prakascompany.com
Chas Prakas
📞 561.400.1058
✉️ chas@prakascompany.com
Nick Prakas
📞 561.665.1402
✉️ nick@prakascompany.com
- Size: 3200
- Lease: Longterm lease
- Infrastructure Included: Yes - Full Kitchen & Bar
- Zoning: Restaurant / Bar
- Concept Exclusion: Mexican, Italian
- Current Tenants: Greek
- Years in Business: 25
Features
- Attachments: 2025-Prakas-Co-NDA-1.pdf
View on map / Neighborhood
This commercial property is located in Delray Beach is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 495,000.00 and is listed as .
REQUEST MORE INFORMATION
Restaurants & Bars For Sale
$ 495,000.00
Description
CONFIDENTIAL LISTING – PROFITABLE GREEK RESTAURANT – SOUTH PALM BEACH COUNTY
Asking Price: $495,000 (Business Sale Only)
Concept: Authentic Greek | Full Service – Lunch & Dinner
Location: Confidential – South Palm Beach County, FL
Business Overview:
Prakas & Co. is exclusively representing the sale of a long-standing, high-performing Greek restaurant located in a bustling shopping plaza in South Palm Beach County. With over 25 years of operating history, this business has a loyal customer base, strong cash flow, and a fully built-out kitchen and bar ready for a new owner.
Key Details:
-
Size: ±3,200 SF under air + covered outdoor bar & patio seating
-
Rent: $10,600/month Gross (All-In)
-
Seating Capacity: 160 Indoor & Outdoor
-
Lease: 2 years remaining + (1) 5-year renewal option
-
Renovation: Interior updated in 2017
-
Ownership: Same operator for 27 years
Financial Summary:
-
2021 Net Income: ~$300,000 (with add-backs)
-
2024 YTD Net Income: ~$150,000
-
Financials available upon signing NDA
Highlights:
-
Turnkey operation with full bar
-
Private event/catering room
-
Covered patio with outdoor bar
-
Located in a high-traffic retail center alongside national tenants
-
Surrounded by major residential density and daily traffic drivers
-
Includes all FF&E, business assets, and lease rights
Kitchen Equipment (Partial List):
-
Convection oven, 6-burner stove, flat-top grill, lava rock grill, gyro machine
-
Walk-in fridge/freezer, cold stations, beer coolers, soda systems
-
4 iPad POS stations, 10-camera security system, music system
-
All cookware, prep tables, utensils, and warewashing stations included
Included in Sale:
-
Business
-
Lease
-
Equipment
-
Licenses
-
Operating Systems
-
Interior and patio furnishings
Buyer must sign an NDA prior to receiving confidential business name, address, and financial documentation.
Interested in Learning More?
Please contact:
Tom Prakas
📞 561.929.7999
✉️ tom@prakascompany.com
Chas Prakas
📞 561.400.1058
✉️ chas@prakascompany.com
Nick Prakas
📞 561.665.1402
✉️ nick@prakascompany.com
- Size: 3200
- Lease: Longterm lease
- Infrastructure Included: Yes - Full Kitchen & Bar
- Zoning: Restaurant / Bar
- Concept Exclusion: Mexican, Italian
- Current Tenants: Greek
- Years in Business: 25
Features
- Attachments: 2025-Prakas-Co-NDA-1.pdf
View on map / Neighborhood
This commercial property is located in Delray Beach is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 495,000.00 and is listed as .