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#Business ID: 16735

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Family Restaurant In Palm Beach County

Business Location: Palm Beach, Florida, United States

Asking Price: $ 299,999 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Features

* Iconic Family Restaurant For Sale
* Located on Busy Main Road
* Sellers Have Owned Business for 40 Years
* SRX Liquor License in Place
* Thousands of Loyal and Regular Customers
* Owners Benefits Exceeds Six Figure Earnings
* Live Music on Weekends
* Separate Bar Area
* Outdoor Patio
* Family Restaurant for Sale

Lease Term: 5 years plus 5 yr option
Monthly Rent: $8,000
Indoor Seating: 150
Hood System: Yes
Neighboring Businesses: Local restaurants, retail and service providers

This iconic family restaurant is for sale in Palm Beach County, Florida, with a 4COP SRX License already in place!

This family restaurant for sale has been a local favorite for more than 40 years. Four generations have helped build the business. Gross sales are in excess of one million dollars with owner’s benefits at more than $150,000 on this family restaurant for sale.

The family restaurant for sale is housed in a 3,600 square foot building that sits on one- half acre of prime real estate. The restaurant seats 150 people inside and has an outdoor area that seats another 20 guests. Parking is no problem as there are more than 40 parking spots available to customers. The family restaurant for sale restaurant has an SRX license so the patrons can enjoy a cocktail, beer, or wine. The business has a separate bar area for those looking to relax with friends for Happy Hour or to watch the ball game in Palm Beach County. Two separate dining rooms are used for breakfast and lunch and dinner seating. Live music is featured on some weekend nights and special events such as Halloween and the Super Bowl are anticipated by the thousands of regular customers that frequent this restaurant.

The family restaurant for sale features a fully equipped commercial kitchen. There are two eight foot Hoods, two walk-in coolers, a walk-in freezer, ten eye burner, flat top and so much more that will enable you to continue with the current concept or convert to any concept that want to. The breakfast menu consists of standard breakfast items with an array of specials that the locals and tourists can choose from. The lunch menu features a variety of Burgers, Hot and Cold Sandwiches, Salads and other comfort foods. The dinner menu starts at 4 PM and features local favorites such as Mahi-Mahi and Shrimp, and old time favorites like Meatloaf, Roast Turkey and Liver and Onions. There is truly something for everyone on this menu. With the sale of the restaurant all recipes will transfer and the dedicated staff will remain in place.

Construction over the past two years on the bridge over the inter-coastal waterway has affected sales somewhat but construction is slated to be finished by November of 2013, in time for the busy season. Once that is accomplished the road that this restaurant sits on will once again be the gateway to some of the best beaches in Florida with easy access to a demographic that has a six figure average income level.

To sign an electronic confidentiality agreement and receive the name and address of this iconic family restaurant for sale offered by the restaurant brokers, please click on the tab below. For any questions please call Ken Eisenband at 561-350-3365.

Property Details

Property Type:

Lease

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