Singer Island Restaurant For Sale.

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$1,800,000 $3,385,114

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Singer Island Restaurant For Sale. Broker: John Devries
Owner Financing is Available!
Loan/Seller - Amount: $180,000 Months: 60 Rate: 6.00% Monthly Payment: $3,479.90. Loan/Other - Amount: $1,440,000 Months: 120 Rate: 6.00% Monthly Payment: $15,986.95.

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $3,385,114
Net Profit: Not Disclosed
Cash Flow: $491,212
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 23
BBN Listing #: 416630
Broker Reference #: 7301462147

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Business Overview:

This Waterfront Downtown Restaurant is the talk of the town! Located in the heart of a highly desirable affluent waterfront community, this Newly Renovated restaurant has it all! When you enter this restaurant, you will feel that relaxed Florida key West style ambiance, with great ocean views and open-air dining. A brand-new Bar Inside and Outside gives breathtaking views of the water and a relaxed ambiance lets everyone enjoy that Florida lifestyle we all love and enjoy! They have seating for 200 inside and another 50 outside just steps from the water! With sales of $3mm plus per year, this restaurant is the best deal in Florida! Please refer to listing number 7301462147 and advisor John Devries when inquiring.

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Property Features and Assets:

Lease/Month: $29,156; Square Footage: 8,694; Building Type: stand alone; Terms & Options: 5 Year option; Expiration Date: 10/1/2027.

Market Competition and Expansion:

Non Compete: Miles: 2 Years: 2.

Reason for Selling:

Other Interest.

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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