Palm Beach County Restaurant for Sale has limited hours, great lease in place, and allows operators to enjoy all of the perks of living in South Florida. Husband-and -Wife team net more than $175,000 in 2022.
The Restaurant for Sale
is perfect for a chef/owner. In operation since 2017, the sellers are eying a new direction in their careers. The restaurant returned more than $175,000 to the sellers on gross sales of $373,335. Sales were up 12% from 2021. In 2021 the net to sellers were $154,749 and $157,477 in 2019. In Covid effected 2020, the operators netted just under $100,000. The husband-and wife owners of this restaurant have chosen to enjoy the Florida lifestyle. The hours of operation reflect this. When open for business the daily hours are 5 pm – 9 pm. The restaurant is open six days per week from October 1 – May 31. Closed on Sunday. The restaurant closes for the full month of June. From July 1 – September 30 the restaurant is only open three days per week. Thursday, Friday, and Saturday.
The husband is a chef. On days of operation, he arrives at 1 pm to prepare the kitchen for dinner service. The wife oversees the front of house. She arrives at 4 pm to prepare the dining room for the same. During the off season there are no other staff members working with the owners. In season the restaurant operates with one additional front of house employee and one additional back of house employee. New owners of this Restaurant for Sale could choose to increase staff, increase hours, and increase sales and profits. Contact the Restaurant Brokers at We Sell Restaurants
for more information on the operation of this great opportunity!
The restaurant is in a very busy shopping center. The center is anchored by Publix. There are many successful restaurants located in the shopping center, along with retail and service providers. Parking will never be a problem. The Restaurant for Sale occupies 1,200 square feet and seats 32 guests. The monthly rent of $2,606 includes all CAM’s and taxes. The lease expires on June 30, 2028.
The kitchen is fully equipped and has a six-foot exhaust hood. Under the hood sits a six-eye-burner, fryer, and convection oven. The refrigeration is all commercial grade and includes an ice machine, mega-top sandwich cooler, multiple low boy coolers and stand-up coolers, and much more. The front of house is decorated very nicely. The Restaurant for Sale has an atmosphere that is very inviting. The restaurant has nine tables and seating for 32.
The restaurant serves French food and has excellent online reviews. The menu and all recipes of this Restaurant for Sale will transfer, and the sellers will give two weeks of training at no additional cost.
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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