Hottest Latin Restaurant in the Palm Beaches, Florida. Own a one of a-kind restaurant. Growth potential exists expanding catering, wholesale, and adding a marketing and sales program. Popular and very busy, independently owned Latin restaurant with a proven track record of increased sales year over year. Turnkey Restaurant with takeout delivery partners and large customer base. Ready for new owners to enjoy a turnkey business. Strong online customer reviews, operating website and central location make this business a sure bet. Please refer to listing #, Agent Joshua Sagman when inquiring about this listing. Thank you!
- Asking Price:
- $450,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $709,000 (USD)
- Cash Flow:
- $244,000 (USD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date March 1, 2025
- Leasehold Rent:
-
$4,300 (USD) per annum
- Location:
-
Type of Location Strip Center
- Premises Details:
-
Hottest Latin Restaurant in the Palm Beaches, Florida.
Central location makes this business a sure bet!
- Size in square feet:
- 2,500
Business Operation
- Competition / Market:
-
Non Compete: Miles: 30 Years: 2
- Reasons for selling:
-
Other Business Opportunities
- Trading hours:
-
Wednesday - Sunday 11am - 9pm, Friday & Saturday 11am -2am
- Employees:
- 5
- Years established:
- 4
Other Information
- Support & training:
-
Will train for 1 week @ no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Terms $200,000.00
Owner Financing Interest 7%
Owner Financing Terms Months 36
Owner Financing Monthly Payment $6,175.42
- Furniture / Fixtures value:
- $30,000 (USD) - included in the asking price
- Inventory / Stock value:
- $2,000 (USD) - included in the asking price
