Profitable Latin Restaurant In Palm Beach

Greenacres, FL
Palm Beach County


Asking Price: Annual Revenue:
$355,000 $467,954

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Latin Restaurant In Palm Beach Broker: Jonathan Remien
License #: BK708920

Quick Facts

Asking Price: $355,000
Annual Revenue: $467,954
Net Profit: Not Disclosed
Cash Flow: $182,714
Total Debt: Not Disclosed
FF&E: $44,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 7
BBN Listing #: 96631249
Broker Reference #: 13408924

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Business Overview:

After years working, the owners are ready to sale their Highly profitable Latin Restaurant locate in Palm Beach County. Own Food Products Brand with possibility to expand. Most exquisite Venezuelan and Colombian food. Loyal Customers. Great Staff and fantastic reputation. Seller's Discretionary Earnings of $160K. Wine and Beer License. Seating for 42. Locate at Busy Shopping Center Plaza. Great Opportunity for Latin Restaurant looking an opportunity to expand their own concept like franchises for example. Owner will continue working up to 3 days a week with the new owner for a smooth transition for the necessary time. One hour from Miami. Could qualify for Visa. Clear books for easy due diligence. Lender Pre-Qualified with only $42,600 down!

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Property Features and Assets:

1,400 Square Feet - In shopping center; Lease/month: $3,230: Terms/options: Option to renew; Lease expires: 12/31/2022.

Reason for Selling:

Retirement/Health.

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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