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Latin Restaurant for Sale in West Palm Beach is Very Profitable

Latin Restaurant for Sale in Palm Beach County, Florida. Very profitable for an owner/operator. Great lease in place. Let’s make a deal today.
 
The Latin restaurant for sale has been in existence for ten years and operated by the current owner since 2014. The sales and profits have grown consistently over this time frame. In 2019 the sales were $680,506 with a net to the owner of $76,736. 2021 has seen great numbers and the sales through July were $349,415. The forecast sales for the entire year is more than $600,000 with a net to the owner of more than $100,000.
 
This Latin Restaurant for Sale by We Sell Restaurants has a great lease in place. The restaurant is housed in approximately 1,400 square feet in West Palm Beach. The road that this restaurant is located on is a very busy commercial road that dissects the entire county. Restaurants, retail, medical facilities and other service providers surround the restaurant. The Latin restaurant seats 51 guests in the very well decorated dining room. The monthly rent is only $2,020 including all CAMS and taxes! WOW! The rent for the restaurant space is less than 5% of net sales. This is a recipe for continued success.
 
The fully equipped commercial kitchen has everything you will need to continue this Restaurant for Sale . The exhaust hood is just under ten feet long and there are two grease interceptors. Under the hood sits a ten-eye burner with two ovens and three fryers. There is a gas steam table that can hold five hotel pans and two other table-top steamers. More than enough refrigeration completes the kitchen. The front of house is colorfully decorated with 14 tables and 57 chairs.
                                                                                                  
The menu at thsi Restaurant for Sale features Puerto Rican, Laitn and Seafood favorites. All of the recipes used in this menu are authentic. There is an assortment of Mofongo dishes to choose from. There are also plenty of Seafood, Pork, Chicken, and Beef dishes. There is a kids menu. The food is flavorful and highly rated with online reviewers. Regular customers travel from all over Palm Beach and Broward County to eat the authentic Puerto Rican and Latin Cuisine. The menu will transfer with sale and the owner will train for two weeks to insure that the high standards remain.
 

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

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 the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8523
  • Price: $330000
  • Location: West Palm Beach

Lease Term: Expires July 31, 2024

Monthly Rent: $2020.69,

Indoor Seating: 51

Inside Sq. Ft: 1463,

Hood System: Yes

Neighboring Businesses: Restaurants, Retail, Service Providers

Hours Open: Closed Wednesday Thursday-Tuesday 10am-745pm

# of Part-Time Employees: 1

# of Full-Time Employees: 6

Net Sales: $680506.00

Owner Benefit: $76812

Features

  • Puerto Rican and Latin Restaruant for Sale in West Palm Beach
  • Great Lease in Place - $2020 per month Includes all CAM and Taxes
  • Steady Sales and Proifits Growth - 2021 will have six figure income
  • Fully Equipped Commercial Kitchen has it all
  • All recipes and menu will transfer with sale. Seller will train for two weeks at no cost to insure the high standards are maintained
  • Restaurant for Sale