Premium Restaurant With Over $1mil In Cash Flow
Not Disclosed, FL Palm Beach County
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- RE: Premium Restaurant With Over $1mil In Cash Flow
- Contact: DAVID BALLOU
Quick Facts
| Asking Price: | $3,300,000 | |
| Annual Revenue: | $3,794,936 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,031,191 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $750,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 39 | |
| BBN Listing #: | 981306 | |
| Broker Reference #: | 7301637667 |
Business Overview:
This highly profitable restaurant has served the community for over 15 years. Over 6,200 square feet of space, offering Hibachi on one side and full Japanese dining on the other side. Full bar with 25 seats and restaurant with over 230 seats inside and 60 seats on an outside patio.
Updated kitchen with 2 Walk-in coolers and all the needed equipment. Ideal location in a downtown setting.
Great staff in place makes this a turnkey opportunity. Assets include 14 custom Hibachi tables w/exhaust system.
Please refer to listing number 7301637667, business broker David Ballou 561-670-3325 when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $22,271; Square Footage: 6,200; Building Type: Corner in plaza; Terms & Options: 3 years remain + 5 year option; Expiration Date: 12/31/2033
Market Competition and Expansion:
Non Compete : Miles: 30 Years: 3
Reason for Selling:
Owner RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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