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Premium Restaurant w/over $1mil in cash flow.

Palm Beach County, FL

Seller Financing Available

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Asking Price:$3,300,000
Gross Revenue:$3,794,936
Rent:$22,271
Established Year:2010
Cash Flow:$1,031,191
Inventory:$15,000
FF&E:$750,000
Listing ID: 2306430Listing provided by BizBuySell
BUSINESS DESCRIPTION

This highly profitable restaurant has served the community for over 15 years. Over 6200 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.

DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,200
Lease Expiration
31/12/2033
Employees
39
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease/Month: 22271 Square Footage: 6200 Building Type: Corner in plaza Terms & Options: 3 years remain + 5 yr opt Expiration Date: 12/31/2033
Competition
Non Compete : Miles: 30 Years: 3
Financing
Loan/Seller- Amt: 990,000 Mos: 48 Rate: 7.00 Mo Pmt: 23,706.78
Support & Training
Weeks Training: 2 Cost: $0
Reason for Selling
Owner Retiring
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David Ballou
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David Ballou
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