Waterfront Downtown Restaurant For Sale

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$1,500,000 $3,535,631

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Waterfront Downtown Restaurant For Sale Broker: John Devries
Owner Financing is Available!
Loan/Seller - Amt: 150,000 Mos: 60 Rate: 6.00 Mo Pmt: 2,899.92

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,535,631
Net Profit: Not Disclosed
Cash Flow: $474,164
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 23
BBN Listing #: 302630
Broker Reference #: 7301401916

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Business Overview:

Waterfront Downtown Restaurant on the Beach! This 5,000 Square Feet restaurant has it all! A fully open-air concept restaurant right on the ocean. Located in a desirable Palm Beach county plaza with ample parking and ocean breezes. A Beautiful Bar Inside 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, this restaurant is one of the best deals in Florida! Please refer to listing 7301401916, business broker John Devries when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $16,173; Square Footage: 5,000; Building Type: PLAZA; Terms & Options: 2-5YEAR OPTIONS; Expiration Date: 3/1/2022.

Market Competition and Expansion:

Non Compete : Miles: 2 Years: 5

Reason for Selling:

Other Interests.

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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