Downtown Restaurant Specializing Tacos Margaritas

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$330,000 $1,209,861

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Downtown Restaurant Specializing Tacos Margaritas Broker: John Devries

Quick Facts

Asking Price: $330,000
Annual Revenue: $1,209,861
Net Profit: $246,249
Cash Flow: $246,249
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 15
BBN Listing #: 8152630
Broker Reference #: 7301476987

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Business Overview:

PRICE REDUCED Location! Location! Location! Located in the heart of Downtown with Old “Main Street” charm, classic design and a relaxed atmosphere, this Restaurant specializes in casual food with a Full Liquor License Specializing in those infamous Tacos and Margaritas everyone loves & enjoys. Home to some of the area’s best shopping, dining, entertainment and professional businesses, the newly renovated Downtown has become a family and date night favorite. Downtown is a family-friendly community comprised of 16 individual neighborhoods, a town center, recreational fields, numerous parks, swimming pools, and walking distance to a Professional Baseball Complex. They are surrounded by custom estates, single family homes, townhomes, condos, apartments, and mixed-use lofts wherein residential units are located directly above privately-owned businesses. The 2,055-acre master-planned development now has more than 4,000 homes with its own distinct style and architecture. Don't Miss This Opportunity to own a restaurant in an affluent area! Please refer to listing 7301476987, Business Broker John Devries when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $11,763; Square Footage: 3,000; Building Type: Downtown/Plaza; Terms & Options: 5 year Option; Expiration Date: 7/1/2024.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 2

Reason for Selling:

Other Interests.

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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