The Restaurant for Sale in South Florida caters to the residents and employees of Palm Beach Gardens. More than 16 years of goodwill, six figure income, limited hours, and untapped potential makes this opportunity a home run.
The owner of the Restaurant for Sale
has been in place for more than 16 years. The café offers fresh, natural food made to order for breakfast, lunch, and catering. Served in a friendly well-decorated and comfortable atmosphere the restaurant offers indoor seating and courtyard seating that is dog friendly. The restaurant has produced stellar financial results with limited hours. Hours of operation are Monday through Friday from 8:30 am – 4:00 pm. Closed on Saturday and Sunday. In 2019 the owners netted more than $125,000. In 2018 the café was open on Saturday and the owner netted $175,000. It would be quite easy for a new owner to open on weekends and expand the hours into the evening, if so desired. Lunch accounts for 80% of the business and breakfast is 20%. Delivery accounts for 25% of the business.
The Restaurant for Sale offered by We Sell Restaurants
sits on a major retail corridor that cuts through the entire Palm Beach County. Five Thousand employees work within one-half mile of the restaurant, ensuring that you will never be searching for lunch time crowds. The three-mile radius population is 44,611 with an average household income of $127,428. More than 50,000 employees work in the same three-mile radius. The restaurant has excellent visibility to the road and there is easy access in and out of the shopping center. Parking will never be a problem. The restaurant occupies 1,279 square feet of space and seats 30 guests inside. Another 48 guests can dine outside in a courtyard setting that is dog friendly. The monthly rent of $3,900 includes all CAM and taxes. The rent is much lower than the industry standard of 10% of gross sales. The lease expires on February 28, 2023 and the landlord will grant extensions.
This Restaurant for Sale is a quite easy operation to run. The menu consists of salads, wraps, sandwiches, soups, fresh squeezed juices, frozen yogurt, and acai bowls. All made to order by the dedicated staff. There is no fryer or open flame cooking. The concept does not need an exhaust hood and with the absence of grease it is easy to keep clean. This also keeps utility costs lower than most restaurants. There is a separate catering menu that is extremely popular. The restaurant works with local schools, offices, and much more in the North Palm Beach, Juno Beach, Palm Beach Gardens and Jupiter areas providing product on an on-going basis. The seller will provide two weeks of training at the time of sale to insure a smooth transition of ownership.
The equipment package that transfers with this Restaurant for Sale includes plenty of juicers, Vitamix blenders, a frozen yogurt machine, commercial refrigeration, soup kettles, conveyor taster, panini press, and much more. The front of house is equipped with a combination of chairs and bench seating for the tables, glass door beverage cooler, television, and a five-camera security system.
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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