Brand New Restaurant for Sale - Palm Beach County

Lake Worth, FL
Palm Beach County


Asking Price: Annual Revenue:
$299,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Brand New Restaurant for Sale - Palm Beach County Broker: Ken Eisenband

Quick Facts

Asking Price: $299,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 8
BBN Listing #: 49308096
Broker Reference #: 8384

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Business Overview:

Brand New Restaurant for Sale in Palm Beach County, Florida. Perfect for Sports Bar, Bar and Grill, or any other concept that requires a 4COP license (Liquor, Beer, and Wine.)

Buy this brand new, turnkey Restaurant for Sale that is in a well maintained & updated shopping center. The center caters to high density residential area and is anchored by a Movie theater, Medical Center and has successful restaurants, retail shops, and service providers amongst its tenants. The demographics surrounding this shopping center is excellent. More than 115,000 residents live in the three-mile area. The population swells to more than 311,000 people in the five-mile radius. The average household income in the three-mile radius is $70,483. The monthly rent for all of this is only $6,625 per month including all taxes and CAMS. The lease expires in 2025 and there are three five-year options attached to the lease.

The Restaurant for Sale by We Sell Restaurants is fully equipped and ready for your concept. The restaurant features two exhaust hoods that are each sixteen feet long. The kitchen equipment includes two six-eye burners, four fryers, flat-top, char-broiler, walk-in cooler, walk-in freezer, ice machine, commercial refrigeration, and much more. The front of house features a five terminal POS system, built-in bar top and much more.

The Restaurant for Sale would be perfect for a sports bar, bar and grill, seafood or steakhouse, or any restaurant that requires a 4COP license. The current menu is a fusion of Mediterranean and Caribbean. If you would like to continue this concept the owner will transfer all recipes and train for up to two weeks.

Lake Worth is a multi-cultural city with a strong social and environmental consciousness. People are drawn to the city by its independent character, acceptance of diverse cultures and lifestyles, many historic structures, hip downtown, and distinctive residential neighborhoods. The city has a rich history and is protective of its historic architectural fabric. Over 1,000 historic buildings contribute to the human scale and charm of the downtown and residential areas.

Need lending assistance? This Restaurant for Sale, priced between $20,000 and $200,000 can be financed with our lending partners. If your credit score is 680 or above, contact the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved in the next 48 hours!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

22 Tables 9 High Top 41 Barstools 86 Chairs Bench Seating POS System 4 Ice Bins Two Glass Door Low Boy Cooler 2 Blender 4 Hotel Pan Steam Table Electric Two Door Low Boy Cooler Ice Machine 15 Outdoor Tables 60 Outdoor Chairs 2 Two door sandwich cooler Flat Top Char Broiler 2 Six Eye Burners with Stove 4 Fryers Stand up Fryer 1 door Panini Press Double Microwave 2 Candy Stock Pot Double Stacked Convection Oven Stand up cooler 1 door walk in cooler walk in freezer gyro cooler

Market Competition and Expansion:

Located in shopping center with strong demographics and anchored by a popular Movie Theater and Medical Facility. The 4COP license attracts shopping center guests.

Reason for Selling:

Other

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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