Palm Beach Cafe for Sale-Earn a 6 Figure Income

North Palm Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$395,000 $657,594

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Palm Beach Cafe for Sale-Earn a 6 Figure Income Broker: Ken Eisenband

Quick Facts

Asking Price: $395,000
Annual Revenue: $657,594
Net Profit: Not Disclosed
Cash Flow: $176,464
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 8
BBN Listing #: 70868096
Broker Reference #: 8161

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Business Overview:

The Restaurant for Sale in South Florida caters to the residents and employees of Palm Beach Gardens. More than 16 years of goodwill, six figure income, limited hours, and untapped potential makes this opportunity a home run. The owner of the Restaurant for Sale has been in place for more than 16 years. The café offers fresh, natural food made to order for breakfast, lunch, and catering. Served in a friendly well-decorated and comfortable atmosphere the restaurant offers indoor seating and courtyard seating that is dog friendly. The restaurant has produced stellar financial results with limited hours. Hours of operation are Monday through Friday from 8:30 am - 4:00 pm. Closed on Saturday and Sunday. In 2019 the owners netted more than $125,000. In 2018 the café was open on Saturday and the owner netted $175,000. It would be quite easy for a new owner to open on weekends and expand the hours into the evening, if so desired. Lunch accounts for 80% of the business and breakfast is 20%. Delivery accounts for 25% of the business. The Restaurant for Sale offered by We Sell Restaurants sits on a major retail corridor that cuts through the entire Palm Beach County. Five Thousand employees work within one-half mile of the restaurant, ensuring that you will never be searching for lunch time crowds. The three-mile radius population is 44,611 with an average household income of $127,428. More than 50,000 employees work in the same three-mile radius. The restaurant has excellent visibility to the road and there is easy access in and out of the shopping center. Parking will never be a problem. The restaurant occupies 1,279 square feet of space and seats 30 guests inside. Another 48 guests can dine outside in a courtyard setting that is dog friendly. The monthly rent of $3,900 includes all CAM and taxes. The rent is much lower than the industry standard of 10% of gross sales. The lease expires on February 28, 2023 and the landlord will grant extensions. This Restaurant for Sale is a quite easy operation to run. The menu consists of salads, wraps, sandwiches, soups, fresh squeezed juices, frozen yogurt, and acai bowls. All made to order by the dedicated staff. There is no fryer or open flame cooking. The concept does not need an exhaust hood and with the absence of grease it is easy to keep clean. This also keeps utility costs lower than most restaurants. There is a separate catering menu that is extremely popular. The restaurant works with local schools, offices, and much more in the North Palm Beach, Juno Beach, Palm Beach Gardens and Jupiter areas providing product on an on-going basis. The seller will provide two weeks of training at the time of sale to insure a smooth transition of ownership. The equipment package that transfers with this Restaurant for Sale includes plenty of juicers, Vitamix blenders, a frozen yogurt machine, commercial refrigeration, soup kettles, conveyor taster, panini press, and much more. The front of house is equipped with a combination of chairs and bench seating for the tables, glass door beverage cooler, television, and a five-camera security system.

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Property Features and Assets:

2 Residential Ovens and Stoves Coffee Maker Can Opener Slicer Wheat Grass Juicer 5 Soup Kettles SS Shelving Scale Pot Pans UTensils Conveyor Toaster Panini Press 2 Three Door Glass Bev Cooler Three Compartment Sink Crockpot 2 Two door Sandwich Cooler 3 Microwaves 3 Blender Vitamix Yogurt Machine Frozen Omega Juicer Vegetable 5 2 Prep Table Cash Register 5 Camera System Alarm Generator Two door beverage cooler 10 Tables Bench Seating Water Dispenser Trash area 2 Television 20 Chairs 8 Tables Bench Seating Fax Time Clock 3 Stand up Fryer Freezer Chest

Market Competition and Expansion:

With more than 18 years of Goodwill built in this cafe offers healthy options for fast casual guests for breakfast and lunch. 5,000 daytime employees work within 1/2 mile of this location.

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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