New Restaurant for Sale in Delray Beach is Out-performing Expectations

Brand new fine dining restaurant for sale in Delray Beach has rent of only $4,280 per month and nets current owner over $187,000. Low operating expenses, and high sales of $840,000 with room for growth.

The fine dining restaurant for sale spared no expense while building out the space. The dining room has been beautifully designed with antique furniture, wall coverings, and artwork that creates the perfect setting for a gathering of friends or a romantic dinner with a loved one. Having opened in 2017, the sales have been very strong and 2018 has been forecasted to achieve $840,000 in gross revenue with an owner benefit of $180,000. The owners of this business have other business interests and cannot devote the time necessary to run the business.

The 2,800 square foot fine dining restaurant for sale from the Restaurant Brokers is housed in a corporate park that is unique for this type of business. The owners have used this location to their advantage and have advertised cleverly to obtain guests. The first impression when walking into the space is – WOW! The location is easy to get to, the parking is ample, and the rent is a very low $4,280 including all CAMS and sales tax. The restaurant is minutes from I-95 and surrounded by affluent neighborhoods.  

The kitchen in this fine dining restaurant for sale features a 13-foot exhaust hood, grease trap, walk-in cooler and freezer, char-broiler, 10 eye burner with two stoves, convection oven, fryer, commercial refrigeration and so much more. The front of house is decorated with artwork, sculptures and exposed brick on some of the walls. The restrooms are ADA compliant and decorated with the finest touches. A private dining room is available for special events and the waiting area is so comfortable some guests want to spend all evening in that area. Also included in the sale is the website and all customer records that have been compiled.

The menu at this fine dining restaurant for sale and all recipes will transfer with the sale. The business has separate lunch, dinner, and corporate take-out menus. The restaurant for sale is open for lunch Monday through Friday and for dinner Wednesday thru Saturday. Guests can book the space on off days for private events. The lunch menu includes sandwiches, salads, and pasta dishes. The diner menu has been created to satisfy the affluent residents that live in the area. Items include prime steaks, rack of lamb, fish, seafood, and more. The business features a 2COP/ beer and wine license so pairings of wines, which are very popular can be done. The restaurant for sale has been developed to add catering. The sellers will remain for two weeks post sale to train buyers to insure a smooth transition of ownership.

To obtain more information on this fine dining restaurant for sale, please click on the link below or call your Certified Restaurant Broker, Ken Eisenband, at 561-350-3365.

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website.  This may not be duplicated without express permission of We Sell Restaurants.  We Sell Restaurants is federally registered trademark.

Listing

  • Listing#: 5780
  • Price: $299,000
  • Location: Delray Beach
Lease Term: Expires August 31, 2022 plus five year option
Monthly Rent: $4,280
Indoor Seating: 55
Inside Sq. Ft: 2800
Hood System: Yes
Neighboring Businesses: Residences, Corporate Park
Hours Open: Lunch Monday thru Friday 11 - 3, Dinner Wed. thru Sat 5 - 10, Dining Room is available for private functions at all times
# of Part-Time Employees: 2
# of Full-Time Employees: 5
Net Sales: $840,000
Owner Benefit: $187,560

Features

  • Fine Dining Restaurant for Sale in Delray Beach
  • 2018 forecasted sales are in excess of $1,000,000
  • No Expense spared in the Build-out of this beautiful restaurant for sale
  • Private dining room that can hold up to 14 guests
  • Online and Yelp Reveiws have been excellent
  • Set up to add Catering Service and Farm to Table Service in addition to main dining room
  • Restaurant for Sale

Recommended for you

No recommended listings found.