Delray Beach Restaurant for Sale! Steps from Atlantic Ave!

Asking Price$199,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

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Delray Beach Restaurant for Sale! Steps from Atlantic Ave!


Asking Price$199,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Delray Beach Restaurant for Sale! Steps from Atlantic Ave!
Restaurant for Sale in Delray Beach, Florida. Great Location just steps away from Atlantic Ave. 4COP Liquor License is in Place. Can easily convert to any concept that requires service of Liquor, Beer, and Wine to its guests.
Atlantic Avenue is the main street of Delray Beach, this busy thoroughfare offers tourists and locals an assortment of world class restaurants, antique shops, galleries, clothing boutiques, jewelry and gift selections, in addition to lodging facilities. More than 20,000 visitors flock to “The Avenue” daily. The visitors are International, National and Local. This is the place to be and to be seen. Atlantic Avenue is home to festivals and events throughout the year that cater to thousands of potential guests of your establishment. These events include the Delray Open Tennis tournament, The Delray Affair, Restaurant Week and The Boat parade. There are too many others to mention all, and this Restaurant for Sale is in the middle of it all. Contact We Sell Restaurants today for more information!
LOCATION, LOCATION. LOCATION! Just steps off the main drag of Atlantic Avenue, you could not find a better location. 1,000's of tourists and locals visit this area daily. This is a sale of lease hold rights. The sale does not include the name, recipes, or menu of the current owner. This Restaurant for Sale is perfect for anyone with a concept that needs or wants to sell liquor, beer or wine. The 4COP license will be transferred at time of sale at the cost of the BUYER. The cost of the license is $200,000, but the seller will finance with interest only terms at 6% annually. This expense is $1,000 per month and is part of the rent to landlord.
The Restaurant for Sale has it all. There is 1,405 square feet of space under air. Seating for 50 guests is comfortable and inviting. Just outside another ten guests can dine. The bar area has a full service bar that has room for 10 guests. With a mix of tables and high tops, full service bar, this build out spared no expenses. The kitchen has been designed for efficiency. The exhaust hood is 12 feet long, and the grease trap is in ground. Kitchen equipment includes a six eye burner with oven, flat top grill, and fryer. There is a two draw refrigerated equipment stand, ice machine, commercial refrigeration, and so much more. The bar is complete with a three door keg box that can have ten beers on tap, refrigeration, speed well, and small wares package to include blenders. The front of house is decorated beautifully. The mix of tables and bar seating is all high quality and comfortable.
The current lease expires on June 27, 2027, and there are two five year options in place. The monthly rent is $13,182 per month including CAM's and financing of liquor license. The Restaurant Brokers at We Sell Restaurants will help you work with the landlord so you can be running this restaurant sooner than you think!
The current concept in place is Asian with a full liquor bar. The concept is not for sale. This is a sale of leasehold rights. The space is perfect for any full service concept that wants to serve Liquor, Beer, and Wine to its guests. Purchasing this will save you time and money. The two licenses in place, Department of Business and Professional Regulation Hotel and Restaurant License and 4COP Liquor license, are transferable. There is no need for permit inspections as the Restaurant for Sale is currently open and operating with all licenses in place.
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About the Business
Years in Operation
8
Facilities & Assets
Owned by landlord
4 Tables
Bench seating
14 chairs
high chair
2 high top tables
16 barstools
10 outdoor chairs
Picnic table
3 outside tables
Sandwich board
pos system
2 Television
2 small freezer chest
2 two door sandwich cooler
2 microwaves
prep table
small cooler
flat top
fryer
two drawer refrigerated equipment stand
six eye burner with oven
two door low boy cooler
2 rice cooker
ice machine
glass washer
three door keg box 2 tap 10 head
three two glass door low boy cooler
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
LOCATION
Opportunities for Growth
Bring your concept and use the FFE and liquor license already in place.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,405
Rent
$13,182.00 per month
Lease Expiration
6/27/2027
About the Sale
Seller Motivation
Other
Transition Support
No Training Included
Listing Info
ID
2450933
Listing Views
59

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Business Listed by: Ken Eisenband We Sell Restaurants

Listing ID: 2450933 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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