Profitable Latin Restaurant in Palm Beach

Greenacres, FL (Palm Beach County)

Profitable Latin Restaurant in Palm Beach
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Asking Price: $440,000

Cash Flow: $161,211

Gross Revenue: $466,190

EBITDA: N/A

FF&E: $44,000

Inventory: $3,000

Rent: $3,230 /Month

Established: 2007

Profitable Latin Restaurant in Palm Beach

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Business Description

Highly profitable Latin Restaurant locate in Palm Beach County. Most exquisite Venezuelan and Colombian food. Loyal Customers. Great Staff and fantastic reputation. Seller's Discretionary Earnings of $160K. Wine and Beer License. Seating for 42. Locate at Busy Shopping Center Plaza. Owner will continue working up to 3 days a week with the new owner for a smooth transition for the necessary time. Could qualify for Visa. Clear books for easy due diligence. Lender Pre-Qualified with only 56,500 down!

Detailed Information

Location:
Greenacres, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
12/31/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In Shopping Center
Support & Training:
4 weeks at no cost
Reason for Selling:
Retirement/Health
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(from currently available funds)
 
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Jonathan Remien

Business Listed By:
Jonathan Remien

Amerivest Group

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Sponsoring Broker:
Frank Rubin

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