Seller nets in excess of $100,000 annually.
Buy this Wine Bar and Restaurant for sale that has returned in excess of $100,000 to the sellers annually. The wine bar has consistently produced sales of more than $425,000 yearly on very limited hours. Currently only opened Monday and Tuesday from 4 – 9, Wednesday and Thursday from 4 -10, Friday from 4 -11, Saturday from 11:30 – 11, and Sunday from 11:30 – 3:30 the opportunity to expand sales is tremendous. The daytime population in a three-mile radius is in excess of 70,000 people. Open for lunch, add third party delivery services and watch the sales and profits expand. We Sell Restaurants have this opportunity listed and the current owners are selling due to health concerns and are not able to increase the hours of operation.
Located in a Big Box Retail Center that features four nationally recognized and popular retailers with almost 350,000 square feet of retail space this shopping center services the very affluent communities of Wellington, Royal Palm Beach and Loxahatchee. The five-mile radius population is 148,000 with an average household income that is $104,000. The shopping center features national full service and fast casual concepts, local restaurants, other retail shops and service providers. The Wine Bar and Restaurant for sale occupies 2,040 square feet of space and seats 62 guests inside. The outside tables that are very popular has seating for another eight guests. The very reasonable monthly rent is just $5,965 and includes CAM, taxes, trash removal, and water.
The fully equipped commercial kitchen of this restaurant for sale features a thirteen-foot exhaust hood and inground grease trap. The kitchen equipment features two six-eye burners, char-broiler, fryer, convection oven and much more, the refrigeration package includes a four-drawer refrigerated equipment stand, ice machine, sandwich coolers, freezers and much more. All pots, pans, utensils and smallwares will transfer with the sale.
The front of house features a built-in bar that seats ten comfortably. The bar area has glass door refrigeration to display beer and wines. The back bar displays the wine selections in a very attractive manner. Front of house seating of this restaurant for sale is comprised of a mixture of bench seating and chairs. There is a large glass table that seats eight guests that is very popular.
The menu of the wine bar is comprised of small plates, Charcuterie boards, burgers and more. Brunch is served on Saturday and Sunday. Bottomless Bloody Mary’s and Eggs Benedict are very popular. All recipes will transfer, and the seller will remain for two weeks at no cost to insure a smooth transition of ownership. Of course, the wine bar and restaurant for sale have a 2COP beer and wine license. Purchase a 4COP and add liquor to your offerings and sales will increase dramatically.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.Please click on the tab below to easily acknowledge confidentiality on this Restaurant 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
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- Listing#: 7381
- Price: $150000
- Location: Royal Palm Beach
- Restaurant and Wine Bar for Sale in Royal Palm Beach
- Sellers Discretionary Earnings in ecess of $100,000
- Three Mile Radius Population in Excess of 75,000 residents with average household income of more than $103,000
- Fully Equipped Commercial Kitchen includes 13 foot hood and inground grease trap
- All Recipes will transfer with sale and owner will remain to train for two weeks at no additional cost
- Great Space for Special Events and Inhouse Catering
- Restaurant for Sale