A fully operational American Style restaurant & bar is available for acquisition in Delray Beach, Florida. First time on the market. The business is active, staffed, and generating strong revenue. The sellers are motivated by a personal family situation -- not business performance.
The $470,000 asking price represents approximately 1.6x the seller's stated owner earnings of $357,000 -- a conservative multiple for a concept of this size in the South Florida market. Full financials including 2025 tax returns and P&L available under NDA.
THE NUMBERS
2025 Gross Revenue: $2,210,000 (first full year)
Owner Earnings w/ Add-Backs (SDE): $357,000
Asking Price: $580,000 -- approximately 1.6x SDE
Sales Mix: 70% Food / 25% Alcohol / 5% Delivery
Food & Beverage Cost: ~21%
THE SPACE
3,900 SF | 180 indoor seats | 84 covered patio seats | 264 total
Unlimited plaza parking -- no constraint
Full-service kitchen -- hood, walk-ins, full cooking line
FF&E included, good working order, no liens or financing
Cosmetic renovations completed -- flooring, paint, updated decor
Grease trap maintained by landlord at zero cost to tenant
THE LEASE
Expires April 30, 2030 | 5-year renewal option | ~9 years total
Base rent: $21,168/mo | CAM: $3,724/mo | Total: $24,892/mo
Lease is assignable -- confirmed
THE LIQUOR LICENSE
4COP SES -- Full Liquor | Active, no violations | Included in sale
No separate application, no lottery, no wait for the buyer
THE TEAM
30 total staff (11 FT / 19 PT) | Fully staffed | Expected to stay post-sale
Seller willing to sign non-compete
THE DEAL
Clean acquisition. No violations, no litigation, no UCC filings, no equipment debt. Trained team in place. Kitchen built. License active. Revenue documented. Buyer operates from day one.
TO INQUIRE
Confidential listing -- address and name not disclosed until NDA is executed.
Ad#:2503892