Mediterranean Restaurant for Sale in Boca Raton

Boca Raton, FL
Palm Beach County


Asking Price: Annual Revenue:
$189,000 $231,821

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mediterranean Restaurant for Sale in Boca Raton Broker: Ken Eisenband

Quick Facts

Asking Price: $189,000
Annual Revenue: $231,821
Net Profit: Not Disclosed
Cash Flow: $67,215
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 74128096
Broker Reference #: 8170

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Business Overview:

Buy this twenty year old Restaurant for Sale in Boca Raton! This Mediterranean restaurant has a great location in downtown Boca Raton, Florida!

Location, Location, Location! This Restaurant for Sale in Downtown Boca Raton is the place to be and is in the middle of the action! Open for 20 years and operated by the same husband and wife team for the last thirteen years, this Mediterranean Restaurant for Sale has a great location and lease. Situated in downtown Boca Raton, the three mile radius of this successful Restaurant for Sale has more than 65,000 residents with an average household income in excess of $93,000. The same three mile radius has more than 92,000 daytime employees. The 927 square foot restaurant seats 28 guests inside and another 4 guests on the two outdoor tables. The rent includes water and trash and is a very reasonable $4,042 per month with CAM and taxes also included.

The Restaurant for Sale offered by the Restaurant Brokers is only opened six days per week. Closed on Sunday, to insure that the owners and staff have a great quality of life, sales have steadily increased. The tax returns of this restaurant show $67,000 in owners benefits annually. The seller will discuss all financial aspects of the business in a one on one meeting scheduled by the Restaurant Brokers. You will not be disappointed.

The fully equipped commercial kitchen at this Restaurant for Sale in Boca Raton has all the equipment you will need to be successful. Small and compact to save you money the equipment package includes a five foot exhaust hood, char-broiler, two eye burner, vertical broiler (gyro cooker), convection oven, microwaves, rice cookers and much more. The front of house is decorated beautifully with ten tables and 28 seats. The menu features the best homemade Mediterranean food in town. The online reviews are excellent. The Restaurant for Sale features chicken, beef, and lamb kebobs. Pita sandwiches are offered as well as salads ranging from Tabouli, Corfu, and Greek. Homemade appetizers include Hummus, babaghanoush, and roasted eggplant. The spinach pie is very popular. At lunch time daily specials bring the customers back time and time again.

This Restaurant for Sale is perfect for a family or husband and wife team. All recipes will transfer and the owners will train for two weeks at no cost.

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:

10 tables, 2 outdoor tables, 29 chairs, 4 outdoor chairs, single door beverage cooler, display case used in kitchen, vertical broiler, 2 rice cookers, char broiler, two eye burner, 2 prep tables, stand up cooler, three compartment sink, stand up freezer, convection oven, 2 microwaves, robot coupe food processor

Market Competition and Expansion:

Boca Raton has had an explosion if new residents and construction. This restaurant is located downtown in the middle of fall of the action.

Reason for Selling:

Retirement

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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