Excellent Long Established American Restaurant

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$499,000 $1,481,918

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Excellent Long Established American Restaurant Broker: Dale Armor

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,481,918
Net Profit: Not Disclosed
Cash Flow: $245,022
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 21
BBN Listing #: 623511185
Broker Reference #: 170-18632

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Business Overview:

Super American Restaurant in dynamite well established location. Great local following with steady repeat clientele. Easy menu, full liquor, good food, fully staffed with excellent crew. Long and successful legacy history. Ready for new successor.

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Property Features and Assets:

Inventory: $5,000 (Included in the asking price). Building Type: Retail Plaza. Square Footage: 4,000. Lease/Month: $9,000. Terms & Options: Negotiable with Landlord. Expiration Date: 12/31/2029. Leasehold: $45,000.

Market Competition and Expansion:

Current Owner is on cruise control. A new Owner can definitely add value.

Reason for Selling:

Semi-Retirement. Time to take a break.

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.

Relevant Links:

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