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Restaurant for Sale in Florida - Owner will net over $400,000 in 2022 - SBA

An Amazing Opportunity To Own This Highly Profitable  Restaurant for Sale in Broward County, Florida! 2022 sales are up 40% when compared to 2021. Netted $333k in 2021, will net over 400K in 2022. Call today to discuss.

This Continental Restaurant For Sale returns mid six figure income to the owner.  Sales for the five month period January thru May have been $1,220,998 with a net to the owner of more than $250,000 for the same five month period. Sales for 2021 were $2,217,466! The net to the owner was $333,425. 2019 saw gross sales of $2,477,712 with a owners benefit of $378,418. This restaurant has returned to pre-pandemic numbers and continues to grow. The restaurant for sale is centrally located with easy access from the North, South, East, and West. This makes the restaurant an ideal place for friends from all over Palm Beach and Broward Counties to meet. The restaurant draws customers from up to thirty miles or more away, but the five -mile radius population is 337,148 residents with a average household income of $80,808. The restaurant occupies 4,000 square feet of outparcel space in a popular shopping center. The current lease expires on August 31, 2024 and there is a five-year option attached. The very reasonable monthly rent is $10,503 including all CAMS and Taxes.

This highly rated Continental Restaurant for Sale by We Sell Restaurants is an institution in Broward County. In continuous operation for more than 20 years under the same ownership this restaurant has a loyal customer base. The owner manages administrative functions and there is a chef and general manager on staff. Set up to seat 162 guests in the main dining room, comfortable bar, two private rooms, and outdoor patio. Both private rooms have televisions that can utilized for business meetings. The private rooms can hold up to twenty-four people for meeting, events, and parties. The atmosphere is elegant and comfortable. The restaurant has a 4COP SFS license. This means you can serve your guests liquor, beer, and wine.
The restaurant features a fully equipped commercial kitchen with a 12-foot exhaust hood and the grease trap is inground. Under the hood sits a ten-eye burner with two ovens, char-broiler, fryer, and a double stacked convection oven. There is a walk-in cooler, ice machine, and other commercial grade refrigeration.


The restaurant has separate lunch, dinner, and brunch menus. The dinner menu features small plates, steaks, chops, seafood and much more. The lunch menu has entrée items, but also includes salads, burgers, and sandwiches. The brunch menu features eggs benedicts, omelets, assortment of French Toasts, and many more favorites to choose from.

With as little as 25% down you can own and operate this Continental Restaurant for Sale. We Sell Restaurants has lender resources that can get you qualified for SBA lending in no time!

Opportunities like this do not come along very often so you need to move quickly as this great Continental Restaurant for Sale will not last long!

 

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 . 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#: 8528
  • Price: $1200000

Lease Term: Expires August 31, 2024

Monthly Rent: $10503,

Indoor Seating: 142

Inside Sq. Ft: 4000,

Hood System: Yes

Neighboring Businesses: Restaurants, Retail,Service Providers

Hours Open: Tuesday thru Saturday 11:3 0am - 10 pm, Sunday 10 am - 9 pm

# of Part-Time Employees: 10

# of Full-Time Employees: 15

Net Sales: $2217466.00

Owner Benefit: $333453

Features

  • Fine Dining Restaurant for Sale in Broward County, Florida
  • Gross Sales in Excess of $2,200,000 annually, Net to owner of more than $300,000
  • 4COP SFS License allows you to sell Liquor, Beer, Wine to your guests
  • Separate Menu for Dinner, Lunch, and Brunch - Executive Chef Runs the Kitchen
  • General Manager Runs the Front of House
  • The Owner handles administrative functions and works 30 - 40 hours per week
  • Continental Restaurant for Sale
Restaurant for Sale in Florida - Owner will net over $400,000 in 2022 - SBA

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