Premier Turnkey Restaurant in Upscale PBC Lifestyle Shopping Center

Palm Beach County, FL
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Asking Price:$595,000
Established Year:2019
ASSET SALES DESCRIPTION

Discover a prime turnkey restaurant opportunity in a vibrant Palm Beach County location, set within a bustling lifestyle destination known for its heavy foot traffic and dynamic community. This opportunity is anchored by a lease that began in September 2019, providing a solid foundation with 10 years on the initial term and options for two additional 5-year extensions, ensuring long-term stability and growth potential.

MUST SIGN NDA TO RECEVIE FULL INFORMATION: IF YOU ARE A BROKER REPRESENTING SOMEONE, YOU MUST HAVE YOUR CLIENT SIGN THE NDA TO REGISTER.

Key features include:

Prime Palm Beach County Location: Positioned in a premier lifestyle destination, this restaurant benefits from high visibility, significant foot traffic, and the added attraction of a major grocery store joining the plaza.

Contemporary Design and Spacious Layout: The space features a modern, inviting interior with 2,850 sq ft of indoor area and an expansive 1,500 sq ft patio, ideal for a variety of dining experiences and events.

Turnkey Business Opportunity: This sale includes everything needed for immediate operation: a long-term lease, top-tier kitchen equipment, necessary licenses, and stylish furniture and fixtures.

Strong Financial Performance: With gross sales of $2.4 million and owner compensation of $600k in 2023, this restaurant offers a highly lucrative investment opportunity.

Fully-Equipped Professional Kitchen: Equipped with the latest appliances, the kitchen supports efficient, high-quality food preparation and service.

Desirable Operational Costs: The all-inclusive monthly rent is $14,000, with reasonable expenses for utilities, making for sustainable business operations.

Strategic Opportunity in a Thriving Community: Be part of a vibrant “Shop. Dine. Live.” community, where your restaurant will significantly benefit from the visibility and appeal, especially with the introduction of new high-profile retail.

Ideal for entrepreneurs and culinary professionals: This is a perfect opportunity for seasoned restaurateurs or emerging chefs aiming to make their mark or expand in a growing Palm Beach County locale.
Leverage this strategic location, impressive financials, and the turnkey nature of this restaurant to establish or grow your presence in the heart of one of Palm Beach County’s most dynamic communities.

Size: 2850
Lease: 15
Year built: 2020
Infrastructure Included: Yes
Years in Business: 5
EBITDA: $ 590,000.00


DETAILED INFORMATION
Location
Palm Beach County, FL
Facilities
Fully-Equipped Kitchen: The kitchen is outfitted with top-tier appliances and equipment, facilitating efficiency and quality in food preparation. This includes professional-grade stoves, ovens, refrigeration units, and food preparation areas. Turnkey Operation: The sale includes all necessary equipment assets, licenses, furniture, and fixtures, ensuring the new owner can operate from day one without significant additional investments.
Support & Training
Ownership will agree to help train new buyers within the restaurant for an agreed amount of time. TBD
Reason for Selling
New Business Ventures are the reason for this unit being sold.
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Tom
Prakas
Tom Prakas