Florida Restaurant for Sale in Boca Raton - Covert to Your Concept!

Asking Price$99,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$750,000

InventoryNot Disclosed

FF&ENot Disclosed

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Florida Restaurant for Sale in Boca Raton - Covert to Your Concept!


Asking Price$99,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$750,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Florida Restaurant for Sale in Boca Raton! Fully equipped and Turnkey. All Licenses can Transfer. Convert the beautifully built out restaurant to your concept.
This Florida Restaurant for Sale has it all. There is 2,086 square feet of space under air with seating for 60 guests in high quality upholstered seats. There is space outside the front door for additional seating, if desired. side seating for 60 guests is comfortable and inviting. With a mix of tables, high top tables, and counter seating. The front of house is decorated nicely and includes display cases, small bar space, and includes the TOAST POS system. The back of the house features a 12-foot exhaust hood. Under the hood sits two six eye burners, one has an oven, pasta cooker, fryer, and convection oven. Ther is a walk-in cooler, commercial refrigeration throughout and all the smallwares that you will need.
This Florida Restaurant for Sale is in a very busy and popular shopping center located in the heart of Boca Raton. The center is surrounded by affluent gated communities that dine in the center's restaurants daily. The five-mile radius population is 257,466 residents with an average household income of $126,780. The income swells to $165,142 in the three-mile radius. The current lease expires in 2031 and there is a five-year option attached. The monthly rent is $11,315 per month including CAM's and taxes. 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 restaurant is currently shuttered. Partner issues being the cause. This is an asset sale. The sellers of these assets built the restaurant in 2022. The concept was fine dining Italian. The restaurant was open seven days per week only for diner. Total hours of operation per week was only 30. The restaurant achieved sales of $750,000 annually on these limited hours. This space should be and needs to be open for lunch to become profitable. The two licenses in place, Department of Business and Professional Regulation Hotel and Restaurant License and 2COP Beer and Wine license are transferable. There is no need for permit inspections if not changes to the structure are warranted for your concept.
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About the Business
Years in Operation
3
Number of Employees
0
Facilities & Assets
22 two top tables
3 foour top tables
54 chairs
5 couches
small ice machine
2 refrigerated display cases
TOAST POS
three glass door low boy cooler
2 utility carts
three door sandwich cooler
2 prep tables
3 small prep tables
single door stand up cooler
walk in cooler
two door stand up cooler
2 two door sandwich coolers
equipment stand
six eye burner
six eye burner with oven
pasta cooker
fryer
assorted pots pans utensils
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Very busy shopping center that caters to affluent community. Other restaurants in shopping center are very successful
Opportunities for Growth
Open and Operate well and the affluent community shall support you
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,086
Rent
$11,315.00 per month
Lease Expiration
12/31/2031
About the Sale
Seller Motivation
Other
Transition Support
Not offered
Listing Info
ID
2349854
Listing Views
2454

Contact Seller

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Business Listed by: Ken Eisenband We Sell Restaurants

Listing ID: 2349854 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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