38 Yr Old Award Winning Fine Dining Restaurant

Palm Beach, FL (Palm Beach County)

38 Yr Old Award Winning Fine Dining Restaurant
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Asking Price: $799,000

Cash Flow: $250,000

Gross Revenue: $1,832,607

EBITDA: N/A

FF&E: $80,000

Inventory: $15,000

Rent: $13,634 /Month

Established: 1981

38 Yr Old Award Winning Fine Dining Restaurant

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Business Description

38 Year Old, 210 seat turnkey, Fine dining restaurant in southern Palm Beach County. This beautiful decorated restaurant has one numerous awards. Highly profitable with a great reputation. Has terrific chef and great Manager. Staffed with exceptional long term employee's. Owner oversees the operation. Works 5 days a week, 36 hours and takes 7 weeks vacation a year. Great books & records. SBA PRE-Qualified financing with only $129,000 down. Great Opportunity!!!

Detailed Information

Location:
Palm Beach, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,199
Lease Expiration:
8/31/2027
Employees:
29
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful elegance
Competition:
In it's own class
Growth & Expansion:
Does very little marketing
Support & Training:
4 weeks at no cost to buyer.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Peter Picciano

Business Listed By:
Peter A. Picciano

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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