25+ Year Est Greek Restaurant for Sale – Delray Beach | $495K |
Business Description
Turnkey Greek Restaurant with 25+ Years of Success in Prime Delray Location
ESTABLISHED GREEK RESTAURANT - 25+ YEAR OPERATING HISTORY
This well-established Greek restaurant represents a premier dining investment opportunity in South Palm Beach County's competitive restaurant market. Operating continuously for over 25 years under consistent ownership management, the business has demonstrated sustained profitability and market resilience.
BUSINESS PROFILE:
The restaurant specializes in authentic Greek cuisine, offering comprehensive lunch and dinner service to an established customer base. Located within a high-traffic retail plaza, the operation benefits from excellent visibility and accessibility in the Delray Beach market area.
FACILITY SPECIFICATIONS:
- Total Area: 3,200 square feet of climate-controlled space
- Seating Capacity: 160 guests across indoor and outdoor venues
- Additional Features: Covered outdoor bar and patio dining area
- Kitchen: Fully equipped commercial kitchen with complete build-out
- Recent Improvements: Interior renovations completed in 2017
LEASE TERMS:
- Monthly Rent: $10,600 gross lease (all-inclusive)
- Remaining Term: 2 years with one 5-year renewal option
- Location: Prime shopping plaza in South Palm Beach County
OPERATIONAL ADVANTAGES:
- 27 years of consistent ownership and management
- Established customer loyalty and brand recognition
- Proven revenue generation and cash flow performance
- Complete turnkey operation with existing staff and systems
- Strategic location in affluent South Florida market
This acquisition opportunity offers an incoming operator immediate access to a profitable, fully operational restaurant with demonstrated market acceptance and operational stability. The business is positioned for continued growth under new ownership while maintaining its established market presence.
Asking Price: $495,000 (Business Assets Only)
Represented by Prakas & Co.
This well-established Greek restaurant represents a premier dining investment opportunity in South Palm Beach County's competitive restaurant market. Operating continuously for over 25 years under consistent ownership management, the business has demonstrated sustained profitability and market resilience.
BUSINESS PROFILE:
The restaurant specializes in authentic Greek cuisine, offering comprehensive lunch and dinner service to an established customer base. Located within a high-traffic retail plaza, the operation benefits from excellent visibility and accessibility in the Delray Beach market area.
FACILITY SPECIFICATIONS:
- Total Area: 3,200 square feet of climate-controlled space
- Seating Capacity: 160 guests across indoor and outdoor venues
- Additional Features: Covered outdoor bar and patio dining area
- Kitchen: Fully equipped commercial kitchen with complete build-out
- Recent Improvements: Interior renovations completed in 2017
LEASE TERMS:
- Monthly Rent: $10,600 gross lease (all-inclusive)
- Remaining Term: 2 years with one 5-year renewal option
- Location: Prime shopping plaza in South Palm Beach County
OPERATIONAL ADVANTAGES:
- 27 years of consistent ownership and management
- Established customer loyalty and brand recognition
- Proven revenue generation and cash flow performance
- Complete turnkey operation with existing staff and systems
- Strategic location in affluent South Florida market
This acquisition opportunity offers an incoming operator immediate access to a profitable, fully operational restaurant with demonstrated market acceptance and operational stability. The business is positioned for continued growth under new ownership while maintaining its established market presence.
Asking Price: $495,000 (Business Assets Only)
Represented by Prakas & Co.
About the Business
- Years in Operation
- 27
- Facilities & Assets
- 3,200 SF under air with 160 seats indoor/outdoor. Includes full kitchen, hood system, walk-in cooler/freezer, grease trap, bar equipment, and authentic Greek décor. Sale covers all FF&E plus assignable lease with rent of $10,400/month including CAM/insurance.
- Website
- https://prakascompany.com/property/turnkey-greek-restaurant-for-sale-delray-beac
- Market Outlook / Competition
- No direct competition for Greek cuisine in the immediate area. Strong customer base with potential to expand. Turnkey operation but also ideal as a 2nd-gen restaurant conversion for other concepts.
- Opportunities for Growth
- High-traffic plaza with strong demographics offers significant upside. New ownership can expand catering, delivery, and marketing. Room to build on 25+ years of goodwill while adding modern revenue streams.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,200
- Rent
- $10,600.00 per month
- Lease Expiration
- 12/20/2032
About the Sale
- Seller Motivation
- Contact us to discuss
- Transition Support
- Yes, ownership will provide training and transition support for an agreed-upon period to ensure smooth operations and continued success.
- Financing Options
- Contact us to discuss
Listing Info
- ID
- 2409765
- Listing Views
- 84
Attached DocumentsAttachment Disclaimer
Listing ID: 2409765 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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