Restaurant For Sale In Tequesta, Florida
Belle Glade, FL Palm Beach County
Seller's Contact Information
- RE: Restaurant For Sale In Tequesta, Florida
- Contact: Ken Eisenband
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $373,334 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $175,159 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 4 | |
| BBN Listing #: | 52858096 | |
| Broker Reference #: | 9470 |
Business Overview:
Palm Beach County Restaurant for Sale has limited hours, great lease in place, and allows operators to enjoy all of the perks of living in South Florida. Husband-and -Wife team net more than $175,000 in 2022. The Restaurant for Sale is perfect for a chef/owner. In operation since 2017, the sellers are eying a new direction in their careers. The restaurant returned more than $175,000 to the sellers on gross sales of $373,335. Sales were up 12% from 2021. In 2021 the net to sellers were $154,749 and $157,477 in 2019. In Covid effected 2020, the operators netted just under $100,000. The husband-and wife owners of this restaurant have chosen to enjoy the Florida lifestyle. The hours of operation reflect this. When open for business the daily hours are 5 pm - 9 pm. The restaurant is open six days per week from October 1 - May 31. Closed on Sunday. The restaurant closes for the full month of June. From July 1 - September 30 the restaurant is only open three days per week. Thursday, Friday, and Saturday. The husband is a chef. On days of operation, he arrives at 1 pm to prepare the kitchen for dinner service. The wife oversees the front of house. She arrives at 4 pm to prepare the dining room for the same. During the off season there are no other staff members working with the owners. In season the restaurant operates with one additional front of house employee and one additional back of house employee. New owners of this Restaurant for Sale could choose to increase staff, increase hours, and increase sales and profits. Contact the Restaurant Brokers at We Sell Restaurants for more information on the operation of this great opportunity! The restaurant is in a very busy shopping center. The center is anchored by Publix. There are many successful restaurants located in the shopping center, along with retail and service providers. Parking will never be a problem. The Restaurant for Sale occupies 1,200 square feet and seats 32 guests. The monthly rent of $2,606 includes all CAM's and taxes. The lease expires on June 30, 2028. The kitchen is fully equipped and has a six-foot exhaust hood. Under the hood sits a six-eye-burner, fryer, and convection oven. The refrigeration is all commercial grade and includes an ice machine, mega-top sandwich cooler, multiple low boy coolers and stand-up coolers, and much more. The front of house is decorated very nicely. The Restaurant for Sale has an atmosphere that is very inviting. The restaurant has nine tables and seating for 32. The restaurant serves French food and has excellent online reviews. The menu and all recipes of this Restaurant for Sale will transfer, and the sellers will give two weeks of training at no additional cost.
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Property Features and Assets:
9 Tables 32 Chairs Neon Sign 3 Freezer Chests Wine Storage Racks Small Cooler Ice Machine Food Processor Mixer 2 Two door stand up cooler Wine Chiller 2 lowboy cooler 2 drawer refrigerator prep table Two Door mega top cooler sandwich Table top steamer microwave sixeye burner with oven Fryer Convection oven
Market Competition and Expansion:
The restaurant operates with very limited hours. Closed one month out of the year and only open three days per week for three other months the opportunity to expand is unlimited.
Reason for Selling:
New Career
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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