Restaurant Space + Assets & Liquor License

Boynton Beach, FL
Palm Beach County

Asking Price: Annual Revenue:
$660,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant Space + Assets & Liquor License Broker: Chad Butler

Quick Facts

Asking Price: $660,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $660,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 824519183
Broker Reference #: RTPB-OIP

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Business Overview:

About two (2) years ago, there was over $1M invested in the build-out for a restaurant which includes EVERYTHING new including ALL kitchen plumbing, lighting, equipment/appliances, etc. The grand opening occurred at the beginning of the COVID pandemic. The restaurant has struggled throughout the pandemic but is currently operating with $900,000/year in sales. The owner is focused on his extremely successful restaurants in central Florida and has decided to focus on his current portfolio there as this SE Florida location is a distraction.

The restaurant assets are for sale which includes ALL furniture, fixtures, equipment and the 4COP liquor license. The restaurant space is 2-years into a 10yr lease along with two additional 5-year options. Current lease payment is $9,800/month and has a 150 seat capacity. The liquor license is only $1,800/year. The owner is willing to offer his $1M investment at a discount. If you are interested in opening a new restaurant, this may be the start you want. Let’s talk and make a deal. Ask for Chad B. Butler.

*Use Reference ID: RTPB-OIP

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Reason for Selling:

Seller relocating.

Additional Details:

  • The property is owned.
  • 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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