Waterfront Restaurant and Bar for Sale in South FL - SEVEN FIGURE Sales!

Palm Beach County, Florida Restaurant and Bar for Sale is located at a busy Marina. With a beautiful view and low rent this one will not last long.

If you are looking for a Florida waterfront business, look no further. Located at a Marina with stunning views this restaurant and bar for sale is searching for a new owner. This restaurant and bar for sale was established in 2017 and was a hit with the locals and tourists immediately. The restaurant and bar for sale was opened for just nine months in 2017 and averaged over $75,000 per month in Gross Sales. For the first ten months of 2018 sales have averaged over $90,000 per month. The rent is below 5% of gross sales and the food to alcoholic beverage sales mix is a healthy 60/40. This adds up to a seller’s discretionary income of more than $25,000 per month.

The restaurant and bar for sale has 1,000 square feet of space downstairs. This space is dedicated for the kitchen, restrooms, and a small dining area. Upstairs is 800 square feet of storage space and office space. The outdoor patio is extremely large and has a large rectangular bar along with tables and chairs. The patio seat 160 guests. Guests at the patio have a view of the water and boats. Brought to you by We Sell Restaurants, the restaurant and bar for sale is part of the “marina village” and is the only food and beverage location on site! The village offers tourists and locals fishing charters, water taxi, boat and wave runner rentals, kayak and paddle board rentals, Eco-tours, and a variety of water sports. Not to mention the hundreds of boats that are stored year round at the facility. The very low rent of $3,694 per month includes CAM and taxes!  

The restaurant and bar for sale has a menu that is considered “Floribbean Cuisine.” Featuring a wide range of cultures and cooking styles, the menu features a combination of Latin, American, Italian and Mediterranean Cuisine. The menu items consist of local favorites search as conch fritters, snapper ceviche, along with a variety of fresh fish and seafood, burgers, salads, flat-breads and much more. All recipes will transfer and the dedicated staff will remain to insure the quality that the guests have come to appreciate remains.

The commercial kitchen and outdoor bar is fully equipped with everything you will need to keep this business growing. The exhaust hood is ten feet long and has a char-broiler, flat top grill, two fryers, and a four eye burner sitting underneath. All refrigeration is commercial grade and in excellent condition!

Please click on the tab below to easily acknowledge confidentiality on this Bar for Sale. For many business opportunities, you will immediately receive the name, address, photos and most recent financials.If you have any questions, please contact 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#: 6454
  • Price: $750000
  • Location: Riveria Beach
Lease Term: Ten Years with five year options
Monthly Rent: $3694
Indoor Seating: 8
Inside Sq. Ft: 1900
Hood System: Yes
Neighboring Businesses: Marina
Hours Open: Monday-Sunday 10am-10pm Kitchen closes at 9pm
# of Part-Time Employees: 4
# of Full-Time Employees: 13
Net Sales: $1032000.00
Owner Benefit: $317011

Features

  • Bar and Restaurant for Sale in Riveria Beach has more than MILLION Dollars in Revenue
  • Very Low Rent of $3,694 means more money in your pocket!
  • Outdoor Patio and Bar has views of Bridge and Boats and seat 160 guests
  • Licenses will transfer and you will be in business on day 1 making money
  • Fully Equipped Commercial Kitchen has everything you will need
  • Easy Operation and Owner will Train for Two weeks to insure smooth transfer of ownership
  • Bar for Sale