Restaurant for Sale in Boca Raton Earns 6 Figures -PRICED TO SELL!! Owner Financing!

Buy this East Boca Raton Restaurant for Sale that has produced consistent growth and profits for 5 years. Seller financing for qualified buyers!

This Palm Beach County restaurant for sale is located in the heart of downtown Boca Raton and perfect for someone looking for a turnkey business. The restaurant had some recent upgrades and remodeling. The restaurant for sale has three income streams.  At lunch it is a fast casual Mexican concept.  Dinner converts to an elegant Italian service.  Another third of their business comes from strong catering revenue.  The restaurant for sale also hosts private parties. All of that adds up to Gross Sales in 2013 that exceeded $565,000 with an owner benefit of approximately $100,000.  That can be yours, and the seller will do some owner financing for a well qualified buyer. 

This restaurant for sale by the restaurant brokers is 1065 square feet in the heart of Boca Raton. 48 patrons can be served indoors and an additional 30 on the very popular outside patio. Boca Raton is an affluent area and the city population of 87,000 residents increases by the thousands of tourists each year who visit the area and spend money in the restaurant for on a daily basis. This business is situated to take advantage of locals, tourists, and the thousands of office workers in walking distance to the restaurant for sale.  The daily traffic count is over 15,000 vehicles directly in front the restaurant. The average household income in the three mile radius is $67, 040.   The very reasonable monthly rent is $3,729, including CAM and taxes. The lease expires in 2019 and there is one option attached.

The fully equipped commercial kitchen in this restaurant for sale includes a 10 foot exhaust hood, in ground grease trap, walk in cooler, freezer, micro wave, slicer, ice machine, convection oven, stainless steel shelving units and so much more. A complete equipment list is available. The front of house is complete with tables, chairs, and beautifully decorated. Please click on the tab below to view additional photographs.

The restaurant for sale is currently open six days per week. You can open on Sundays to increase sales and profits.  At dinner the Italian menu features items such as, meatballs, Mediterranean mussels, an assortment of pizzas, eggplant parmigiana, veal Milanese, house made ricotta Gnocchi, Rigatoni Bolognese, and so much more. The Mexican lunch menu features fajitas, quesadillas, nachos and all of your favorites. The restaurant has a 2COP license which means that beer and wine can be sold to its patrons. All recipes will transfer with sale and the owner will train for two weeks to insure a smooth transition of ownership.

This is a great income producing business.  The current owner is looking to relocate and is highly motivated to sell. Seller financing is available to qualified candidates. To obtain the name and address of this opportunity please click on the tab below, and you will be able to sign an electronic confidentiality agreement and receive this information immediately. If you have any questions, please contact Ken Allain, Certified Restaurant Broker, at (954) 507 3305

Listing

  • Listing#: 4526
  • Price: $180000
  • Location: Boca Raton
Lease Term: Expires 2019 with one option period
Monthly Rent: $3729.00
Indoor Seating: 48
Inside Sq. Ft: 1065
Hood System: Yes
Neighboring Businesses: Mizner Park shopping center, Post office, dry cleaners, pharmacies, banks, supermarkets.Office Buildings, local restaurants, retail, and service providers
Hours Open: Monday to Friday 11 am to 10 pm , Saturday 5 pm to 11 pm, CLOSED ON SUNDAY
# of Part-Time Employees: 3
# of Full-Time Employees: 7
Net Sales: $567496.00
Owner Benefit: $98014

Features

  • Profitable Italian and Mexican Restaurant for Sale in Downtown Boca Raton
  • Gross Sales in Excess of $560,000 with Six Figure Earnings
  • 2COP License in Place
  • Median Household Income Exceeds $67,000
  • Daily Traffic Counts of 15,000 Vehicles
  • Located on Main Street that Leads Directly to Beach
  • Catering Business Continuing to Grow
  • Fully Equipped Commercial Kitchen Has It All
  • Profitable Boca Restaurant for Sale