Perfectly Situated PB County Restaurant Asset Sale

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$995,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Perfectly Situated PB County Restaurant Asset Sale Broker: Randy Bring

Quick Facts

Asking Price: $995,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1
Employees: 50
BBN Listing #: 6905630
Broker Reference #: 0101957848

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Business Overview:

If contemplating southeast Florida for your next restaurant venture, you must consider this once in a career opportunity to acquire the keys to this impressive and perfectly situated Palm Beach County restaurant. Professionally designed and appointed, the build out of this contemporary fine dining restaurant was overseen by one of the preeminent and best-known restauranteurs in the State. Approximately 8,000 total SF (5,500 inside, 2,500 outside) with bar and table seating for 265 patrons (indoor dining 116, patio dining 105, indoor bar 18, patio bar 25). This special property features a no expense spared general buildout of more than $3,000,000 plus an equipment package in excess of $350,000. Barely 2 years old, the entire buildout, from the extended bar and the private dining room to the world-class high-volume kitchen, are in “as new” condition throughout. This restaurant sits in the heart of one of S. Florida’s newest shopping, dining and entertainment destinations which has proven to draw patrons from major S. Florida cities. Bring your own special concept to this upper medium/high end demographic market which might include seafood, deli, ethnic, Mediterranean or steak house/Churrascaria (some restrictions apply, contact listing Broker). Nine years left on the lease with two additional five-year options to renew. Buyer’s professional profile and proof of funds are requested before full disclosure. Please contact Broker for full video, photo set and extensive asset list on this unique and rare opportunity. Please refer to listing #0101-957848 & ask for Randy Bring when inquiring.

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Property Features and Assets:

5,500 Square Feet in Class-A Plaza @ $32,000/month.

Market Competition and Expansion:


Reason for Selling:

Corporate divestiture.

Additional Details:

  • The property is leased.
  • The owner is not 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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