Restaurant for Sale in Jupiter FL - $1.4M Revenue!

Jupiter, FL
Palm Beach County


Asking Price: Annual Revenue:
$399,000 $1,411,632

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale in Jupiter FL - $1.4M Revenue! Broker: Ken Eisenband

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,411,632
Net Profit: Not Disclosed
Cash Flow: $133,622
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 12
BBN Listing #: 3588096
Broker Reference #: 9036

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Business Overview:

This Tapas and Spanish Restaurant for Sale in Palm Beach County has a 4COP license and serves Liquor, Beer, and Wine to its guests. The restaurant features live music, private dining rooms, and provides a six figure income to the seller.

The Restaurant for Sale has been in business since 2020. Health issues are forcing the chef/owner to sell this restaurant. In 2021 the restaurant achieved sales of $1,411,632 and returned $133,622 to the owner. 2022 is proving to be just as successful with sales of more than $500,000 from January through May.

The restaurant is housed in a free-standing building with its own parking lot. The restaurant is 6,300 square feet in size. There are three separate dining rooms, bar and lounge, and a kitchen that has been designed and equipped for high volume. The dining room is set up to accommodate private parties of different sizes and the restaurant often rents out the full facility for very large events. This Restaurant for Sale offered by We Sell Restaurants attracts customers from West Palm Beach up to Stuart. This includes Palm Beach Gardens, Jupiter Island, and Hope Sound. The lease expires on January 31, 2031, and has two five year options attached. The monthly rent is $9,585 including all CAMS and taxes.

The menu features Tapas and Spanish Cuisine. The restaurant utilizes the landlord 4COP quota license. This will allow you to serve Liquor, Beer, and Wine to your guests. The menu and all recipes of this Restaurant for Sale will transfer with sale. The chef/owner will remain for two weeks to assist with the transition. The kitchen is designed for high volume. The hood is 22 feet in length and the grease trap is in ground. The kitchen equipment includes a ten-eye burner with two ovens, six-eye burner with oven, two fryers, char-broiler, salamander, flat top and so much more. The refrigeration is all commercial grade and there is a brand-new walk-in cooler and freezer.

The front of house has three dinging areas, a lounge and bar area, and features a built-in fireplace. There is a small stage area for live music. This Restaurant for Sale seats 165 guests inside and another 32 on the outside patio. The space can be divided up so that a private event can be held in one of the dining areas without effecting service for the rest of the facility. The restaurant is popular for large events and does rent out the full facility frequently.

The seller of this Restaurant for Sale is very confident of the continued success of the restaurant. The seller is offering seller financing of up to $175,000. Contact the restaurant broker today to discuss this opportunity that will not last long.

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Property Features and Assets:

Tables 27 Chairs 129 Bar stools 30 High top 4 2 Speed Well 3 Small Cooler LANDLORD POS System Total Payment 250 per month Dishmachine Lease Three door Low boy cooler glass door mug chiller wine cooler ice bin Cigar Humidor Espresso Machine Coffee brewer Dishmachine kitchen LEASE 3 sandwich cooler 2 door pizza cooler Three drawer LANDLORD Steam table three hotel pan LANDLORD Heat lamp LANDLORD Microwave Flat top with own LANDLORD Salamander LANDLORD Char broiler Equipment stand LANDLORD Ten eye burner with 2 oven LANDLORD Six eye burner with oven 2 Fryer LANDLORD 3 Prep Table LANDLORD Walk in Cooler LANDLORD Walk in Freezer Ice Machine 2 slicer Assorted pots pans utensils smallwares 3 highchairs Tray jack 2 LANDLORD Breadwarmer 8 Tables Outside 32 Outdoor chairs

Market Competition and Expansion:

Can open for lunch with an express menu, the area will support this.

Reason for Selling:

Relocation

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.

Relevant Links:

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