East Boca Landmark Restaurant
Boca Raton, FL
Sale Pending
| Asking Price: | $690,000 |
| Gross Revenue: | $2,125,000 |
| Rent: | $10,000/Month |
| FF&E: | $50,000 |
| Cash Flow: | $220,000 |
| Inventory: | $30,000 |
| EBITDA: | $220,000 |
| Established Year: | 2007 |
Listing ID: 2104069Listing provided by BizBuySell
BUSINESS DESCRIPTION
Do not pass on the opportunity to own a fantastic East Boca Landmark, long-established business over 15 years, with a stable staff in place, beautiful dining room and large covered patio. Original Owners are ready for a new challenge. Over 2.1 million in sales for 2023, 2.3 in 2022, 2.1 in 2021 with a good profit and room to increase revenue even more.
DETAILED INFORMATION
Location
Boca Raton, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
12/03/2038
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Beautiful decor, well equipped running kitchen, 140 Seats total, 80 inside, 60 outside under 100% covered patio.
Competition
Unique downtown restaurant, no competition in its category
Growth & Expansion
Restaurant with growth possibilities, closed on Sunday, by opening with Breakfast / Brunch option will create an business increase, also adding a liquor license will boost the revenue growth and net profit. Owner operator can also increase revenue.
Support & Training
TBD, NDA MANDATORY WITH PROOF OF FUNDS & ID
Reason for Selling
Other venture
Report an Issue with this listing
SIMILAR LISTINGS
Existing Pizzeria Franchise For Sale
Boca Raton, FL
Price: $450,000
Neighborhood Pub with 4cop quota license- Boca Raton
Boca Raton, FL
Price: $625,000
Profit $450,000 -Latin Cuisine Restaurant & Bar-4cop quota License
Boca Raton, FL
Price: $1,699,000
Crisp & Green
Available Nationwide
FranchiseCash Required: $1,000,000
