Prime Corner Location in Delray Beach – Restaurant & Bar Opportunity

Delray Beach, FL
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Asking Price:$725,000
Established Year:2023
ASSET SALES DESCRIPTION

Downtown Delray Beach Best Hard Corner Location - For Sale

Prime Corner Restaurant & Bar Opportunity

This is a rare opportunity to acquire a beautifully built-out restaurant and bar located at a prime corner on Atlantic Avenue. The business is being offered confidentially, and interested parties must sign a Non-Disclosure Agreement (NDA) to receive full details.

Property Highlights:

Size: Approximately 2,263 square feet under air with an additional 275 square feet of patio seating area.
Lease: 9 years remaining on the initial term, expiring in 2033, with an option to extend for an additional 10 years until 2043. The lease includes a rolling one-year personal guarantee.
Rent: $12,000 per month, equating to $57 per square foot gross. This lease is considered highly undervalued for its location, making it one of the best leases possible for downtown Delray Beach.
Build-Out: The space features a newly installed restaurant hood system, walk-in refrigeration, brand new HVAC system, and ADA-compliant entrance and restrooms.
Parking: Ample parking is available at the rear of the building.
Location: Situated in the heart of East Delray Beach, the restaurant benefits from high foot and vehicle traffic, making it one of the best locations on Atlantic Avenue.
Offering Details:

Asking Price: $725,000
Sale Type: Asset sale. No sales figures are provided for this location.
Additional Information:

A full equipment list will be provided upon signing the NDA.
This offering is for the business assets only, including the right to the existing lease.
Contact:
For more information and to sign an NDA, please contact Prakas & Co.

This listing represents a unique chance to own and operate a restaurant in one of the most vibrant and sought-after areas of Delray Beach. The combination of a prime location, fully equipped build-out, and favorable lease terms make this an attractive opportunity for seasoned restaurateurs and investors alike.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Delray Beach, FL
Facilities
Brand new as of 2023... everything is turn-key. The location has permitted the use of a full 4COP (SFS) liquor license.
Support & Training
Ownership is willing to stay on for a period of support and training if a transaction occurs.
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Tom
Prakas
Tom Prakas