Upscale Beachside Breakfast/Lunch Restaurant

Boca Raton, FL (Palm Beach County)

Dining Room
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Asking Price: Get Financing: $385,000

Cash Flow: N/A

Gross Revenue: $500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $3,648 /Month

Established: 2009

Upscale Beachside Breakfast/Lunch Restaurant

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Business Description

Start Making Money Immediately

Great opportunity to purchase an established profitable breakfast/lunch restaurant beachside in Boca Raton. The business is already successful, but there's great potential for additional income by offering dinners, catering, TOGO orders, delivery or private parties, etc. Current owners want to retire and are willing to train and introduce a buyer to established local clientele. Now is the perfect time to purchase as season is just around the corner and business increases rapidly as snowbirds return and more vacationers visit. High ranking on TripAdvisor and other sites guide more and more visitors to the restaurant.

Extremely favorable lease with another 5-year option.
All functioning equipment in place (Some new and others well maintained.)
Great staff ready to help with a smooth transition.
Plenty of parking behind building.
All systems in place. Lots of refrigeration and efficient kitchen setup.
Seats approximately 80+. Inside dining room and patio seating available.
Over 1650 sq.ft. of space
Established goodwill in place.

The Boca Beach House has earned a great reputation for fresh, quality, slow real food. Why rent a blank space, built-out, furnish, set-up and start at square one when you can start making money day one?

Detailed Information

Real Estate:
Leased
Building SF:
1,650
Lease Expiration:
N/A
Employees:
7
Facilities:
Current lease, including CAM is $3,648/month for 1650 sq.ft. of space. Sale includes most of the equipment. Some equipment is owned by landlord and its use is included in the rent. All equipment and furnishings are in good condition. Local artists display their work on the walls and some of the work is sold through us. Parking lot in rear of building plus there is street parking.
Competition:
The business is in a prime location at the beach and only minutes from downtown. People actually drive from a variety of area cities to come to the restaurant after having read about it on TripAdivisor. Within a five-mile radius, there are only a couple breakfast/lunch restaurants, but they are not the quality and upscale dining as we offer. Our only real competition is the Boca Raton Resort & Club, but even they send us their guests.
Growth & Expansion:
Currently, we serve only breakfast and lunch from 8 a.m. to 3 p.m. A new buyer would significantly increase revenue by offering dinner, TOGO orders, delivery, catering, private parties, or even by just advertising. Current owners do not advertise, but have built the successful business through word-of-mouth.
Financing:
Seller may consider holding a small note for qualified buyer.
Support & Training:
Owners will thoroughly train buyer in all aspects of running the restaurant. Owners will provide introductions to regular customers for smooth transition. If necessary, Owner will stay on to assist cooks for an agreed upon time period.
Reason for Selling:
Owners want to retire.
Business Website:
http://TheBocaBeachHouse.com
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Business Listed By:
Diane DeSantis Hoffman

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