Exclusive Food, Beverage & Catering Concessionary

Palm Beach, FL (Palm Beach County)

Exclusive Food, Beverage & Catering Concessionary

Asking Price:$3,000,000

Cash Flow:$505,065

Gross Revenue:$4,481,040

EBITDA:N/A

FF&E:$1,100,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:1981

Exclusive Food, Beverage & Catering Concessionary

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Business Description

The rarest opportunity to acquire the exclusive food, beverage & catering concessionary rights for one of the best known golf courses in FL. Well known operation inc. restaurant, sports & patio bars, on/off site catering, wedding, corp. concert venues, snack-beverage carts & all vending rights on the property. $5,500/month rent inc. 4COP liquor license and maintenance. Lease to 2039. Partial Seller financing. All interested parties to qualify with Seller's Broker with resume and PFS prior to disclosure. Please refer to listing #0101-58610 & ask for Randy Bring when inquiring.

Detailed Information

Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
12/31/2039
Employees:
110
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4K sq. ft. freestanding building @ $5500/mos.
Competition:
Unknown
Growth & Expansion:
Unlimited
Financing:
$1M @ 6% for 84 mos= $14,608.56
Support & Training:
Seller will train for 3 weeks
Reason for Selling:
Starting a new business

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Randy Bring

Business Listed By:
Randy Bring

Transworld Business Brokers, LLC.

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Sponsoring Broker:
Andrew Cagnetta

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