Profit $450,000 -Latin Cuisine Restaurant & Bar-4cop quota License

Boca Raton, FL
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Asking Price:$1,699,000
Gross Revenue:$1,887,327
Established Year:2000
Cash Flow:$450,000
Rent:$6,000
BUSINESS DESCRIPTION

Net Profit $450,000k Owner Will Prove

Latin Cuisine Restaurant and Bar - Net profit $450,000 established restaurant for 24 years. This place is a landmark in Boca Raton. Has a 4cop quota liquor license with full liquor bar. Open for lunch and dinner. Extend the hours and turn it into a Boca Raton night spot. Stand-alone building with your own parking lot with 16 parking spots. Restaurant is 1500 sqft with 42 seats and 8 seats at the bar. Kitchen fully loaded with 12ft hood system, walkin cooler and underground grease trap in the parking lot. Owner works 3 hours a day five days a week. Owner will train for 30 days for free and is willing to stay on for 3 to 6 months for a smooth transition.


DETAILED INFORMATION
Location
Boca Raton, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
31/08/2024
Employees
21
Reason for Selling
Retiring
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Del
Ogorelkoff
BeachFront Realty, Inc. - Business and Commercial Division
Del Ogorelkoff