Business For Sale

5 Star Restaurant

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$500,000 $1,417,447

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 5 Star Restaurant Broker: Bob Leone

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,417,447
Net Profit: Not Disclosed
Cash Flow: $243,676
Total Debt: Not Disclosed
FF&E: $550,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 14
BBN Listing #: 211011185
Broker Reference #: 170-08364

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Business Overview:

5 Stars says it all. Perfect E-Visa purchase. 3 years in operation, growing year to year. 15% growth 16-17. Only open 5 nights from 5-10PM. Award winning - great social media presence & website. A+ Food & Service. Located in one of the most affluent areas in Florida. 120 seats in a casual yet exquisite atmosphere. Dream kitchen, everything in the restaurant is new. 4COP License included, $100,000 inventory, & $1M in FF&E and Leasehold improvements. Very confidential, buyer must show background experience and submit PFS.

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Property Features and Assets:

Inventory: $100,000 (included in the asking price). Lease/Month: $20,554. Square Footage: 4,500. Building Type: Corner. Terms & Options: 5 with 5. Expiration Date: 7/31/2019. Leasehold: $500,000

Reason for Selling:

Business in another country.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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