Restaurant and Bar for Sale in Jupiter, FL

Jupiter, FL
Alachua County


Asking Price: Annual Revenue:
$275,000 $2,437,124

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant and Bar for Sale in Jupiter, FL Broker: Ken Eisenband

Quick Facts

Asking Price: $275,000
Annual Revenue: $2,437,124
Net Profit: Not Disclosed
Cash Flow: $201,658
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 36
BBN Listing #: 17988096
Broker Reference #: 7964

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Business Overview:

Restaurant and Bar for Sale in Palm Beach County with sales in excess of $2,400,000 per year is being offered at discount due to health of seller.

This Restaurant and Bar for Sale posted sales of $ 2,437,124 in 2019 and has consistently provided good earnings to the owner. The restaurant for sale has been in operation under continuous ownership since 2012. Sales and profits have been consistently high, and seller is offering at a discount due to health concerns. January and February of 2020 saw exceedingly high sales, $207,000 and 232,000, respectively. Once opened after COVID-19 shutdown the restaurant has averaged sales of $127, 000 per month. The landlord has committed to a remodel of the space. New remodel will add additional outdoor seating to increase seating and thus sales capacity to the restaurant. The remodel will be done at no cost to tenant. remodel plans are available to qualified candidates who agree to confidentiality and provide proof of funds.

The restaurants location is ideal for high volume. The average daily traffic counts in front of the restaurant are more than 41,000 vehicles per day. The three-mile radius population is more than 50,000 residents with an average household income that approaches $100,000. The location of this prosperous restaurant is near the many gated communities in the city of Jupiter, Jupiter Island, Palm Beach Gardens, and Tequesta. The restaurant space is approximately 6,000 square feet inside with another 1,000 square feet of patio space. Patio space will more than double with remodel. Currently189 guests can be accommodated inside with up to 36 guests enjoying the beautiful Florida weather on the patio. Outdoor dining should double or triple with remodel. The Restaurant and Bar for Sale offered by We Sell Restaurants has a dedicated parking lot with ample space for all of your customers. Monthly rent of $14,000 includes all CAMS and taxes and terms can be negotiated with the landlord.

The fully commercial kitchen has it all and features a 30-foot exhaust hood and inground grease trap The kitchen equipment includes 2 six-eye burners with stove, 2 walk-in coolers, char-broiler, 2 salamanders, commercial refrigeration, and much more. The smallwares package is extensive and has everything you will need to be successful. The equipment at this Restaurant and Bar for Sale has been excellently maintained. The dining room is complete with an 11 terminal POS system, booths, tables and chairs and bar seating account for 189 seats in this restaurant. The covered outside patio when completed will account for approximately 2,000 square feet and seat 100 or more guests.

The current concept enjoying this restaurant space features a complete menu with steaks, seafood, burgers, salads, and much more. The 4COP SFS license allows you to serve Liquor, Beer, and Wine to your guests. This Restaurant for Sale is being offered due to poor health. The seller has owned and operated this business since 2012. This Restaurant and Bar for Sale continues to attract locals and has a constant stream of regular customers who have been eating at this restaurant the last 8 years. Locals flock to the restaurant for the tasty food and drinks. The restaurant features a 4COP SRX liquor license, that will transfer with sale, so that it may offer liquor, beer, and wine to its guests. This restaurant features seafood, steaks, and American staples that makes this the ideal restaurant for watching sporting events or going out for a nice dinner. Proof of funds and resume will be required prior to showing of space.

If you desire is to change concepts, the landlord will only allow family friendly concepts. Business Plan, Proof of Funds and Resume will be required prior to any showing of the space. Agree to confidentiality today to obtain all pertinent data on this Restaurant and Bar for Sale as this one will not last long.

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Property Features and Assets:

Bar Area 17 Bar Stools 6 Televisions 2 Projector Screen TV 4 Door Keg Box 8 Heads 2 Door Key Box 12 Heads 4 Speed Wells 2 Mug Chillers 10 Terminal POS System 4 Tray Jacks 3 Speed Racks Dining Room Table Chairs Booths Private Room Table and Chairs 2 Televisions 4 High Chairs 3 Booster Seats Loft Area Tables and Chairs Artifacts Fish 2 Ships 6 Artwork Ice Machine Slicer Walk in freezer SS Shelving Assorted pots pans smallwares Bar 36 stools Bread warmer Kitchen Dish Machine Prep Table Standup Cooler 3 Fryer Char Broiler 3 3 door sandwich cooler 4 hotel pan steam table Flat Top 6 Eye Burner 2 6 eye burner with stove 2 salamander 4 drawer refregerator Equipment Stand Double Stacked Convection Oven Fryer Double Stacked Alto Sham Convection Steamer 20 Qt Mixer 2 Walk in Cooler

Market Competition and Expansion:

Location, Location, Location. Convenient to residents and business clientele this full service restaurant and bar has been attracting locals and tourists since 2012.

Reason for Selling:

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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