Restaurant for Sale in Lake Worth - Greek Concept with $90,000 annual earnings
With gross sales of more than $315,000, rent below $2,500. and low labor costs this Florida Restaurant for Sale has been a consistent money maker for the sellers. In 2017, the sellers discretionary income was in excess of $90,000! The current business model has no social media presence, no advertising, and does not deliver. By adding delivery to the local area, advertising, and implementing a social media presence you could increase sales and profits tremendously.
This Greek restaurant offered by the Restaurant Brokers, has a charming atmosphere and fully equipped commercial kitchen. The sellers have operated this business since its inception twenty-two years ago and are ready to retire. Family owned and operated this business is perfect for a husband and wife team. Online reviews are excellent, and the restaurant is known for its food quality, portion sizes, fair prices, along with friendly family service. The sellers and two family members make up the staff along with four additional employees during the busy season. The sellers will remain long enough for you and your new staff to be trained in the operation of the business. The sellers will even stay as employees long enough for you to hire and train a full staff if you desire!
The 1,650 square foot Florida Restaurant for Sale seats 62 guests comfortably. The location is on a very busy road with more than 45,000 vehicles per day passing by! The shopping plaza has more than 38,000 square feet of retail space and features a popular bank, restaurants, retail, and service providers. The rent of $2,481 is below market and includes trash removal. The lease expires in December of 2022.
The fully equipped commercial kitchen has everything you will need to continue the success of this family run business. The kitchen features a 16-foot exhaust hood, grease trap, six-eye burner with stove, char-broiler, flat-top, fryer, salamander, and gyro cooker. The refrigeration is commercial grade and includes a walk-in cooler and ice machine.
The front of house is charming and is decorated in the Greek colors of blue and white. This Florida Restaurant for Sale also has two dining areas separated by a wall with an arched walk-way, and two cut-outs that match the walk-way. The seating accommodates 62 guests with seating for another 7 on three outdoor tables. The lighting is pleasant, and the artwork makes you feel at home.
The menu features lunch and dinner daily specials. This Florida Restaurant for Sale's recipes have been developed and used for decades, as this family started its first Greek restaurant in Long Island more than 30 years ago! All recipes will transfer, and training will be done by the sellers to insure that the quality and standards remain high.
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- Listing#: 6282
- Price: $75000
- Location: Lake Worth
- Greek Restaruant for Sale in Lake Worth with $90,000 in Seller's Discretionary Earnings
- restaurant has twenty-two years of Goodwill in Same Location
- Add a Delivery, Advertising, and Social Media presence to boost sales and profits
- The dining room is charming and confortable
- Fully equipped Commercial Kitchen feraturing 16 foot exhaust hood
- 2COP Beer and Wine Lincense in Place
- All recipes will transfer and owner will train at no cost
- Florida Restaurant for Sale