Restaurant for Sale Earns Owner $200,000 in Palm Beach County FL

Buy this American Restaurant  for Sale with a Caribbean Flair in Palm Beach County, Florida.  Over 1 MILLION DOLLARS in Annual Sales.  Owner Consistently Earns in Excess of $200,000 annually.

You are profitable the moment you take ownership of this popular restaurant for sale in the one of the fastest growing communities in Palm Beach County...  Located in the booming west-central corridor of Palm Beach County, the average household income of this city is close to $100,000 with an estimated five thousand new homes to be built in the next few years.  This Restaurant for Sale is a hub of activity day and night and has something for everyone including breakfast, lunch, dinner and nightlife.

The 3,500 Square foot business opportunity offered by the restaurant brokers is decorated with a cool, welcoming island flair.  The centerpiece is a horseshoe shaped bar in the middle of the restaurant.  A full 4COP SFS license (beer, wine, liquor) is included with the sale.  There is seating for 150 customers inside.  They can enjoy the pool table,  Touch Tunes jukebox, DJ booth for late night entertainment and 14 flat screen TV’s for game watching. Rent is a very reasonable $7,800 per month including all CAMS and taxes.

Customers enjoy watching the chefs do their thing in the fully equipped commercial kitchen that has open viewing for the dining room.  The 14.5 foot exhaust hood is custom built.  The kitchen of this restaurant fors ale also features a 60” Imperial range with flat top griddle and 6 burners, a tabletop grill with 4 burners and Aeroshot 2 well steam table and other state of the art equipment is included.  The walk-in cooler is 12’x6’and the walk-in freezer is 4' x 6' and all other refrigeration is commercial grade.

The menu at this restaurant for sale is extensive and varied featuring American classics combined with Island favorites.  Breakfast is served Thursday – Sunday.  The lunch menu has burgers, flatbreads, wraps, sandwiches, soups and salads. Dinner entrees include Ahi Tuna, Pasta and grilled items like steak and ribs among others.  Friday and Saturday nights are for nightlife and fun with a closing time of 2 AM.

New opportunities forced the current owner to move out of state and leave this money making restaurant for sale behind.  This opportunity to own one of the most popular spots in town won’t last long.

If you have any questions about this opportunity contact your Certified Restaurant Broker, Robert Morrison, at 917-499-5137 or email at RobM@WeSellRestaurants.com

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Listing

  • Listing#: 5638
  • Price: $499,000
Lease Term: Expires Oct 2017 + two 5 yr options
Monthly Rent: $7,800
Indoor Seating: 150
Inside Sq. Ft: 3500
Hood System: Yes
Neighboring Businesses: Major grocery, Retail, Chinese Food, Ice Cream, Bank, Gas Station
Hours Open: M, T, W 11 AM - 11 PM, Thurs 7 AM - 11 PM, Fri 7 AM - 12 AM, Sat/Sun 7 AM - 2 AM
# of Part-Time Employees: 8
# of Full-Time Employees: 20
Net Sales: $1,126,226
Owner Benefit: $201,391

Features

  • Over 1 Million Dollars in Annual Sales
  • 200K Profit for Owner Consistently
  • Rapidly Growing and Affluent Community in Palm Beach County
  • 4COP SFS License (Beer, Wine, Liquor)
  • Breakfast, Lunch and Dinner Served
  • Pool Table and DJ Booth for Late Night Entertainment
  • American /.Caribbean Menu
  • Fully Equipped Commercial Kitchen
  • Restaurant for Sale