Latin Restaurant for Sale in Palm Beach County

Jupiter, FL
Palm Beach County

Asking Price: Annual Revenue:
$999,000 $2,013,241

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Latin Restaurant for Sale in Palm Beach County Broker: Ken Eisenband

Quick Facts

Asking Price: $999,000
Annual Revenue: $2,013,241
Net Profit: Not Disclosed
Cash Flow: $311,736
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 28
BBN Listing #: 97528096
Broker Reference #: 9613

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Business Overview:

Latin and Cuban Restaurant for Sale in Palm Beach County offers Live Music, Full Liquor (4COP SFS License), and qualifies for SBA lending. This one will not last long.

The Restaurant for Sale has been serving the community for 11 years. Sales have been steady and very strong. In 2021 and 2022 sales were 2,347,836 and $2,013,241, respectively. Net to the owners for the same periods were $460,998 and $311,736. All financials can be verified with excellent books. The sale of the restaurant qualifies for SBA lending and this restaurant could be yours with as little as $200,000 down. The restaurant employs 28 staff members and is open seven days per week for lunch and dinner. The owner works 40 hours per week and has two managers working with him. The restaurant features live entertainment, and the guests love to dance along with the music. The restaurant has the 4COP SFS license and offers its guests Liquor, Beer, and Wine.

The restaurant is in Palm Beach County, the city is confidential until an NDA is signed and proof of funds of $250,000 is presented. This Restaurant for Sale is in a master-planned community with more than 7,000 residents, two college campuses, two public schools, hotel, office buildings and a baseball stadium that hosts spring training for MLB and is home to a minor league team. The restaurant occupies 3,100 square feet under air and has a 700 square foot patio. More than 150 guests can be accommodated inside and more than 50 outside. The monthly rent including all CAMS and taxes is $9,496. The lease expires on June 30, 2025 and there is a five year option attached. Contact We Sell Restaurants for more information.

The fully equipped commercial kitchen has everything you need to continue the operation. This is a turnkey opportunity. The exhaust hood is 17 feet in length and the grease trap is in ground. Parking at this Restaurant for Sale will never be an issue. Under the exhaust hood sits a six eye burner with oven, two eye burner, char-broiler, flat top, three fryers, convection oven, salamander, and a three hotel pan electric steam table. There is a walk-in cooler, multiple ice machines and commercial refrigeration throughout. The front of house is decorated nicely and seats more than 150 guests. The live entertainment is set-up for the bar guests and dining room guests to enjoy. The outdoor patio is very popular and seats more than 50.

The restaurant features food from Cuba and Latin America. A lunch menu is offered from 11 am – 4 pm. The tapas is very popular and there is a separate catering menu. Dinner items include Chicken, Beef, and seafood. Something for everyone on this menu. When you purchase this Restaurant for Sale the menu will transfer with all recipes and the owner is offering two weeks of training at no cost to insure a smooth transition of ownership.

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Property Features and Assets:

24 Tables 53 Chairs 7 Stools 1 Picnic Table 2 Utility Station 10 Umbrella 4 TV 1 Sandwich Sign Neon Signage Dining Room 5 High Chair 40 High top Chairs 7 High Top Tables Sound System Cigar humidor 24 Tables 84 Chairs Hostess Stand 2 Glass door Bev Cooler 4 Television Artwork on walls 4 Utility cart Prep Table Espresso machine Freezer chest Coffee Grinder Tray Jack 3 Ice Machine Clover POS 130 a month 2 Keg Box 1 Head 4 Tap Kitchen Prep Table 3 Shelving 3 Three hotel pan steam table Two door Sandwich cooler 6 eye burner with oven Salamander 2 Eye burner Char Broiler 4 drawer refrigerated equipment stand Flat top 3 Fryer Convection oven Walk in cooler 3 microwave 2 door stand up freezer slicer panini press assorted pots pans smalls wares utensils

Market Competition and Expansion:

There is very little competition for Latin concept in the vicinity. Live entertainment, full bar, and Latin food draws guests from all over Palm Beach and Martin Counties.

Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This may become a franchise resale opportunity.

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