Boca Raton Restaurant for Sale Netted $320k on sales of $1.9m in 2023

Boca Raton, FL
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Asking Price:$499,000
Gross Revenue:$1,963,736
Established Year:2011
Cash Flow:$321,528
Rent:$9,301/Month
BUSINESS DESCRIPTION

Boca Raton Restaurant for Sale Netted $320k on sales of $1.9m in 2023

Restaurant for Sale in Palm Beach County consistent high sales and profits and offers SBA lending. This one will not last long! The Restaurant for Sale has been serving the community for 12 years. Sales have been steady and very strong. In 2023 gross sales were $1,963,736 and the owner netted $321,528 In 2022 sales were 1,922,645 with a net to the sellers of $238,850. The sale of the restaurant qualifies for SBA lending and this restaurant could be yours with as little as $120,000 down. The restaurant employs 14 staff members and is open seven days per week for lunch and dinner. The restaurant is in a grocery anchored shopping center in Boca Raton. The shopping center is home to many successful restaurants, retail shops, and service providers. The traffic count in front of this shopping center is more than 60,000 vehicles per day and the five-mile radius population exceeds 200,000 residents. Parking at this Restaurant for Sale will never be an issue. The restaurant occupies approximately 4,000 square feet and seats 167 guests. The monthly rent including all CAMS, trash removal and taxes is $9.301.73. The lease expires on April 1, 2026. Contact We Sell Restaurants for more information. The fully equipped commercial kitchen has everything you need to continue the operation. This is a turnkey Restaurant for Sale opportunity. There are two exhaust hoods - one is 12 feet in length and the other is eight feet and the grease trap is in ground. Under the eight-foot exhaust hood, that is adjacent to the large hot and cold buffet and exposed to the dining area is an oven that holds up to 48 skews of meat. The chef slices the meat directly in front of guests. The twelve-foot hood has a char-broiler, flat -top grill, two-eye candy stock pot, two fryers, and a convection oven underneath. There is a walk-in cooler and plenty of commercial refrigeration through-out. The front of house is decorated nicely and seats more 167 guests. There is a separate dining room that can be used for private events. This room has two televisions that can be used for audio visual presentations and is always set to handle up to 75 guests. The main dining room features an “L” shaped hot and cold buffet, along with six booths and seventeen tables and chairs.The Restaurant for Sale offers an authentic Brazilian buffet, with a wide range of fresh foods. Including more than ten cuts of high-quality meats, hot buffet, and cold buffet. Different cuts of Sirloin, Lamb, Pork, Chicken, Sausages are available. The hot buffet includes Beans, different rice's, plantains, Yucca and more. The cold buffet offers various salads, cheeses, and veggies. Truly something for anyone. All recipes will transfer with sale and the seller will remain for two weeks of training at no additional cost. To obtain the name and address of this Restaurant for Sale operation you must agree to confidentiality and provide proof of funds in the amount of $200,000.By sharing your contact number with We Sell Restaurants, you're consenting to receive text notifications.


DETAILED INFORMATION
Location
Boca Raton, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Lease Expiration
01/04/2026
Employees
14
Facilities
Party Room 25 Tables 2 Televisions 78 Chairs Utility Cart Main Dining Room Stand up glass door cooler Mug Chiller 2 dispenser beverage Prep Table 3 High chairs Orange juicer machine Posiflex POS System 6 booths Bench seating 17 tables 41 chairs 2 utility cart 2 television Refrigerated display case Scale Rotisserie Oven 48 skewers Reach in cooler 2 salad bars 6 pan 7 pan Assorted pots pans utensils Kitchen Ice machine Freezer chest SS shelving Two door stand up freezer Walk in cooler 3 prep tables Microwave Refrigerator Table top steamer Slicer Convection oven Flat top Char broiler Two eye candy stockpot 2 six eye burner with oven 2 fryer three door sandwich cooler Dish machine LEASE
Competition
Located in an area with a large Brazilian community, this is a well know and popular Brazilian Steakhouse.
Growth & Expansion
Florida continues to expand its population. This restaurant is located in a popular shopping center with strong tenants.
Support & Training
Two weeks of training is included with purchase for no compensation
Reason for Selling
Retirement
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Ken
Eisenband
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Ken Eisenband