Restaurant for Sale with Wine Bar Royal Palm Beach

Royal Palm Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$199,000 $439,131

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale with Wine Bar Royal Palm Beach Broker: Ken Eisenband

Quick Facts

Asking Price: $199,000
Annual Revenue: $439,131
Net Profit: $87,177
Cash Flow: $99,682
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 99618096
Broker Reference #: 7381

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Business Overview:

Wine Bar and Restaurant for Sale in Palm Beach County. Beautiful Build-Out in a popular Big Box shopping center within affluent community.

Located in a Big Box Retail Center that features four nationally recognized and popular retailers with almost 350,000 square feet of retail space this shopping center services the very affluent communities of Wellington, Royal Palm Beach and Loxahatchee. The five-mile radius population is 148,000 with an average household income that is $104,000. The shopping center features national full service and fast casual concepts, local restaurants, other retail shops and service providers. The Wine Bar and Restaurant for sale occupies 2,040 square feet of space and seats 62 guests inside. The outside tables that are very popular has seating for another eight guests. The very reasonable monthly rent is just $5,965 and includes CAM, taxes, trash removal, and water.

Buy this Wine Bar and Restaurant for sale that has returned $100,000 to the sellers annually. The wine bar had sales of $439,000 in 2018 on very limited hours. Currently only opened Monday and Tuesday from 4 – 9, Wednesday and Thursday from 4 -10, Friday from 4 -11, Saturday from 11:30 – 11, and Sunday from 11:30 – 3:30 the opportunity to expand sales is tremendous. The daytime population in a three-mile radius is in excess of 70,000 people. Open for lunch, add third party delivery services and watch the sales and profits expand. We Sell Restaurants have this opportunity listed and the current owners are selling due to health concerns and are not able to increase the hours of operation.

The fully equipped commercial kitchen of this restaurant for sale features a thirteen-foot exhaust hood and inground grease trap. The kitchen equipment features two six-eye burners, char-broiler, fryer, convection oven and much more, the refrigeration package includes a four-drawer refrigerated equipment stand, ice machine, sandwich coolers, freezers and much more. All pots, pans, utensils and smallwares will transfer with the sale.

The front of house features a built-in bar that seats ten comfortably. The bar area has glass door refrigeration to display beer and wines. The back bar displays the wine selections in a very attractive manner. Front of house seating of this restaurant for sale is comprised of a mixture of bench seating and chairs. There is a large glass table that seats eight guests that is very popular.

The menu of the wine bar is comprised of small plates, Charcuterie boards, burgers and more. Brunch is served on Saturday and Sunday. Bottomless Bloody Mary’s and Eggs Benedict are very popular. All recipes will transfer, and the seller will remain for two weeks at no cost to insure a smooth transition of ownership. Of course, the wine bar and restaurant for sale have a 2COP beer and wine license. Purchase a 4COP and add liquor to your offerings and sales will increase dramatically.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

2 Tables Outside 8 Chairs Outside 8 Bar Stools 32 Chairs 14 Tables 1 Glass Table 8 Stools 2 Televisions 1 Keg Box 4 Tap 2 Glass Door Low Boy Coolers Two Door White Hutch Ice Well 2 Glass Door Wine Cooler Art Work on Walls POS System Keurig 2 Door Stand Up Cooler 2 Six Eye Burner with Stove Char Broiler 4 Drawer Refrigerated Equipment Stand Table Top Convection Oven Fryer Panini Press 2 Hotel Pan Steam Table 4 Prep Table 1 Table Top Steamer Slicer SS Shelving Single Door Sandwich Cooler Three Door Sandwich Cooler Two Door Low Boy Cooler Stand Up Cooler One Door Three Compartment Sink Assorted Pots, Pans, Utensils, Smallwares Porch Seating Catering Supplies Inhouse Ice Machine

Market Competition and Expansion:

Located in Shopping Center with four BIG BOX RETAILERS and strong demgraphics. - both daytime and nightime.

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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