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Wellington Restaurant Bar & Lounge For Sale

Palm Beach County, Florida
Asking Price:
$399,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,000,000 (USD)
Cash Flow:
$275,000 (USD)

This is an opportunity to own the premier restaurant, lounge and bar in exclusive Wellington, FL.This New American Bistro Cuisine concept features fresh, in-house made culinary delicacies that borrows from Latin and other world flavors and fuses them with American classics. There are still 9 years remaining on a good lease and the owner is motivated to sell so that he can focus on his other businesses. Please refer to listing number 6401-772371 and advisor Joshua Sagman when inquiring.

Property information

Real Estate:

Lease

Leasehold Rent:

$185,220 (USD) per annum

Location:

Commercial space

Size in square feet:
4,980

Business Operation

Reasons for selling:

Other business interests

Trading hours:

M-W 11am-10pm
Th-Su 12pm-2am

Employees:
21
Years established:
7

Other Information

Support & training:

Seller will train for 2 weeks at no cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will finance $149,000 at 7% for 36 months.

Furniture / Fixtures value:
$180,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD) - included in the asking price

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