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Upscale Restaurant In Palm Beach For Sale

Palm Beach, Aruba
Asking Price:
$1,500,000 (USD)
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$250K - $500K (USD)

Beautiful restaurant with fine dining cuisine at the strip of Arubas Palm beach Area for sale.
Opened last year July after a huge renovation everything is brand new.
Huge terrace and inside dining with VIP area with a total of 160 luxury seats.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

9 years

Leasehold Rent:

$240,000 (USD) per annum

Location:

Restaurant is located on the strip of Palm Beach in the middle of the 5 star hotel area.

Size in square feet:
1640ft / 500m2

Business Operation

Competition / Market:

There are many restaurants in this area but not many fine dining.
there is a high demand for restaurant because of the many hotels in front of them.

Reasons for selling:

Owner is moving to an other country.

Trading hours:

6pm-1am: Sunday - Friday
6pm-3am: Friday - Saturday

Employees:
22
Years established:
almost 1 year

Other Information

Support & training:

Willing to support 3-6 months

Financing available:

Negotiable

Furniture / Fixtures value:
$600,000 (USD)
Website:
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