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Attention All Delray Beach Would Be Restaurant Operators for sale in Palm Beach County, FL

Palm Beach County, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 495,000 $ 987,054 $ 217,152

Furniture and Fixtures Value:
$ 225,000 (included in the asking price)

Inventory Value:
$ 15,000 (included in the asking price)

Business Summary:
This Delray Beach Mediterranean style family restaurant has been successfully operating for about 30-years. It’s fully staffed, equipped and has a 4COP SRX license with a seating capacity of 160 people. This business has an excellent location, parking and comes with a long-term lease in place. Open for Lunch, Dinner and Drinks it’s a very popular place for the locals and boasts a seasonal wait list. Delivery sales account for about 15% - 18% of revenue – This business enjoys an excellent rating by Trip Advisor, Yelp, GrubHub and Google. The operation should qualify for E1/E2 Visa requirements; however, we prefer to deal with experienced operators. A small amount of short-term seller financing may be available to qualified purchasers. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact Tom Milana, 561 702-6867. Please refer to listing number 0101-380118.

 

   
Year Business was Established: 1996
   
Number of Employees: 18  
   
Facilities / Terms of Lease: Lease/Month: 10,077 Square Footage: 3,000 Building Type: Restaurant Terms & Options: 2 five year options 2037 Expiration Date: 5/31/2027  
   
Potential Growth/Expansion: Excellent  
   
Competition: Non Compete : Miles: 25 Years: 4  
   
Owner willing to finance: Loan/Seller - Amt: 45,000 Mos: 24 Rate: 10.00 Mo Pmt: 2,076.52  
   
Owner willing to train: 4 weeks training at no cost  
   
Reason for selling: Retirement  
   
Seller Reference Number: 0101380118
BusinessMart.com Listing Number: 306364
 

 

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For more info contact:

Andrew Cagnetta

Transworld Business Advisors Florida
954-772-1122

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