#1 TripAdvisor Restaurant 12 Years | 4COP | Turnkey West Palm Beach
Asset Sale Description
Rare opportunity to acquire one of West Palm Beach's most recognized and highly rated restaurant operations. This turnkey asset sale offers an established Mediterranean restaurant with an exceptional reputation, valuable 4COP liquor license, fully equipped facility, experienced staff, and multiple existing revenue streams.
For the past 12 consecutive years, the restaurant has been ranked the #1 Restaurant in West Palm Beach on TripAdvisor, earning more than 2,300 reviews with an outstanding 4.8-star rating. The restaurant has also received hundreds of 5-star reviews across Google, Yelp, OpenTable, and other major platforms, creating tremendous brand recognition and a loyal customer following.
The restaurant occupies approximately 2,500 square feet and offers seating for approximately 120 guests. The beautifully designed modern dining room features impressive artwork throughout and is complemented by two large restrooms, a private office, a fenced storage area, and an additional storage shed.
Key Highlights:
Asking Price: $199,000 – Negotiable
Approximately 2,500 SF
Seating for approximately **120 guests
Rent approximately $5,000/month
Fully transferable 4COP liquor license, subject to applicable approvals
Fully equipped commercial kitchen
Furniture, fixtures, equipment, inventory, kitchenware, and smallwares included
Beautiful modern dining room
Five employees currently in place
Additional restaurant concept currently operating within the premises and generating an additional revenue stream**
Operating ghost kitchen providing additional revenue
Two additional virtual restaurant concepts currently in development
E-2 Visa eligible
Regular live entertainment, including music, DJ nights, dance, and art events
Excellent visibility and ample parking
Approximately 1,000 new residential units under development nearby
One particularly attractive aspect of this opportunity is the presence of an additional restaurant establishment operating within the restaurant space, which provides the business with another existing source of revenue. Combined with the ghost kitchen operation and additional virtual concepts in development, a new owner has the opportunity to benefit from several revenue channels from a single location.
The primary restaurant currently operates Thursday through Saturday for dinner only because the owner is focused on other business interests. The ghost kitchen operates seven days per week for lunch and dinner.
This limited dine-in schedule represents significant upside for a new owner. Expanding into additional dinner services, lunch, brunch, delivery, catering, private events, and other revenue channels could allow a buyer to capitalize on the restaurant's established reputation and existing customer demand.
The commercial kitchen is extensively equipped and includes a large hood system, grill, fryer, two commercial gas ovens, multiple refrigerators and freezers, ice machine, hot water heater, commercial kitchen equipment, utensils, smallwares, dining and outdoor furniture, and existing inventory. The facility also has two 5-ton HVAC units and a mini-split AC system.
This is an asset sale. The buyer may take over or assume the existing lease subject to landlord approval, or potentially negotiate a new lease directly with the landlord depending on the transaction structure and landlord requirements.
The seller is motivated and willing to consider reasonable offers and creative deal structures.
This is an exceptional opportunity for an experienced restaurant operator, entrepreneur, investor, or E-2 buyer seeking an established West Palm Beach restaurant with a proven reputation, valuable liquor license, turnkey infrastructure, multiple revenue streams, and considerable room for growth.
For the past 12 consecutive years, the restaurant has been ranked the #1 Restaurant in West Palm Beach on TripAdvisor, earning more than 2,300 reviews with an outstanding 4.8-star rating. The restaurant has also received hundreds of 5-star reviews across Google, Yelp, OpenTable, and other major platforms, creating tremendous brand recognition and a loyal customer following.
The restaurant occupies approximately 2,500 square feet and offers seating for approximately 120 guests. The beautifully designed modern dining room features impressive artwork throughout and is complemented by two large restrooms, a private office, a fenced storage area, and an additional storage shed.
Key Highlights:
Asking Price: $199,000 – Negotiable
Approximately 2,500 SF
Seating for approximately **120 guests
Rent approximately $5,000/month
Fully transferable 4COP liquor license, subject to applicable approvals
Fully equipped commercial kitchen
Furniture, fixtures, equipment, inventory, kitchenware, and smallwares included
Beautiful modern dining room
Five employees currently in place
Additional restaurant concept currently operating within the premises and generating an additional revenue stream**
Operating ghost kitchen providing additional revenue
Two additional virtual restaurant concepts currently in development
E-2 Visa eligible
Regular live entertainment, including music, DJ nights, dance, and art events
Excellent visibility and ample parking
Approximately 1,000 new residential units under development nearby
One particularly attractive aspect of this opportunity is the presence of an additional restaurant establishment operating within the restaurant space, which provides the business with another existing source of revenue. Combined with the ghost kitchen operation and additional virtual concepts in development, a new owner has the opportunity to benefit from several revenue channels from a single location.
The primary restaurant currently operates Thursday through Saturday for dinner only because the owner is focused on other business interests. The ghost kitchen operates seven days per week for lunch and dinner.
This limited dine-in schedule represents significant upside for a new owner. Expanding into additional dinner services, lunch, brunch, delivery, catering, private events, and other revenue channels could allow a buyer to capitalize on the restaurant's established reputation and existing customer demand.
The commercial kitchen is extensively equipped and includes a large hood system, grill, fryer, two commercial gas ovens, multiple refrigerators and freezers, ice machine, hot water heater, commercial kitchen equipment, utensils, smallwares, dining and outdoor furniture, and existing inventory. The facility also has two 5-ton HVAC units and a mini-split AC system.
This is an asset sale. The buyer may take over or assume the existing lease subject to landlord approval, or potentially negotiate a new lease directly with the landlord depending on the transaction structure and landlord requirements.
The seller is motivated and willing to consider reasonable offers and creative deal structures.
This is an exceptional opportunity for an experienced restaurant operator, entrepreneur, investor, or E-2 buyer seeking an established West Palm Beach restaurant with a proven reputation, valuable liquor license, turnkey infrastructure, multiple revenue streams, and considerable room for growth.
Listing Info
- ID
- 2549435
- Listing Views
Listing ID: 2549435 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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