Seller's Contact Information
- RE: Restaurant For Sale In West Palm Beach, Florida
- Contact: Ken Eisenband
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | $410,558 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 3 | |
BBN Listing #: | 74398096 | |
Broker Reference #: | 9634 |
Business Overview:
This Caribbean Restaurant for Sale in West Palm Beach, Florida is fully equipped. Fully turnkey and ready for a new owner. The restaurant achieved sales of $410,558 in 2022 and with a rent of just $2,985 per month, this is a sure-fire money maker. The restaurant is in West Palm Beach with more than 115,000 residents residing in a ten-mile radius. The population is expected to grow by 10% over the next five years. More than 62,000 vehicles pass by daily, which is up by 20,000 vehicles in just the last seven years. The shopping center consistently has a high occupancy rate and is anchored by a Dollar General. Across the street is a Publix and you are near a year-round baseball stadium that hosts MLB spring training for both the Washington Nationals and Houston Astros. The stadium seats more than 7,000 fans and has local youth events year-round.
The restaurant is setup as a pick-up and delivery business. The restaurant utilizes third party services uber eats and doordash. There is seating for six guests inside for the convenience of your guests. The rent for this Caribbean Restaurant for Sale is only $2,985 per month including all CAMS and taxes. The lease expires on May 31, 2023, and we will get additional terms granted by the landlord. The shopping center is well maintained. The exterior was recently painted, and the parking lot has had new high efficiency LED lights installed, been resealed and re-striped.
The fully equipped turnkey Caribbean Restaurant for Sale has all the equipment you will need to be in business on day one of your purchase. The exhaust hood is ten feet in length and the grease trap is inground. Equipment to transfer with sale and assignment of lease includes ten-eye burner with two ovens, fryer, four table top steamers, walk-in cooler, three freezer chests, beverage cooler with glass doors, prep tables. And much more. The landlord owns much of the equipment, but the lease ensures that you have full use throughout term of lease. We Sell Restaurants can help you navigate the leasing process...all at no cost to you!
The current concept of this Caribbean Restaurant for Sale is Haitian cuisine. Entrees include fish, pork, chicken, turkey, and goat. All recipes will transfer with sale and the seller will train for two weeks at no additional cost. In order to obtain pertinent information, you will need to agree to confidentiality.
This Caribbean Restaurant for Sale is located in West Palm Beach which is the largest city in Palm Beach County, and home to more than 100,000 people and host to thousands of tourists each year. West Palm Beach is home to the Kravis Performing Arts Center, the county courthouse, and the Palm Beach Convention Center. West Palm Beach is also home to Enjoy the South Florida lifestyle while owning this popular Caribbean restaurant.
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Property Features and Assets:
3 Tables 6 Chairs 3 Televisions Neon Sign Beverage Cooler 2 Glass Door LL owns Square POS Ten Foot Exhaust Hood LL owns Walk in Cooler LL Owns 10 Eye burner with 2 oven LL owns Fryer Prep Table 4 LL owns Resilecter stove Oven 4 Table top steamers Microwave SS Shelving Stand up cooler 1 door 3 Freezer Chest In ground grease trap
Market Competition and Expansion:
West Palm Beach is the largest city in Palm Beach County, home to more than 100,000 people and host to thousands of tourists each year. West Palm Beach is home to the Kravis Performing Arts Center, the county courthouse, and the Palm Beach Convention Cent
Reason for Selling:
Relocation
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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