Breakfast and Lunch Restaurant for Sale in Palm Beach County

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Fully-equipped!
Asking Price:
$160,000

Gross Revenue:
$341,885
Cash Flow:
$63,288
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy this South Florida Italian breakfast and lunch restaurant for sale that is only open Monday thru Saturday 10 am - 4 pm. The community has more than 60,000 residents with an average household income in excess of $100,000.
This breakfast and lunch restaurant for sale saw tremendous sales growth in 2018. A new marketing platform has been very successful. The sales for 2018 were up by 25% when compared to 2017! 2019 sales have seen another 5% increase over 2018. This business has been a staple in the community for years. New construction is bringing in more residents to the area and the local tourist business is better than ever. This fifteen-year-old business should see its best sales year ever in 2019.
The shopping center that is home to this breakfast and lunch restaurant for sale also features a movie theatre, a few big box retail outlets, restaurants, retail shops, and service providers. A Walgreens sits on the out parcel. The breakfast and lunch restaurant for sale is 1,290 square feet and seats 17 guests inside and 14 guests outside. The monthly rent of $3,105 includes all CAM. Taxes and trash removal.
The menu for this breakfast and lunch restaurant for sale includes more than 40 specialty sandwiches and salads. Entree and pasta items are popular, as are the fresh Italian pastries. The fast casual breakfast and lunch restaurant for sale offered by We Sell Restaurants has been owned and operated for the last five years by an owner who handles all admin work and helps in the front of house when necessary.
The menu and all recipes will transfer with the sale of this breakfast and lunch restaurant for sale and the seller will remain for two weeks of training at no cost to ensure that the high quality remains.
The equipment package for this breakfast and lunch restaurant for sale is extensive. The exhaust hood is eight feet in length and the grease trap is in ground. Kitchen equipment package includes a six-eye burner/ flat top combination unit with two stoves, fryer, salamander, and more. The refrigeration is all commercial grade and includes a walk-in cooler, extra- long refrigerated display cases, stand-up freezes, sandwich coolers and more. The business also has a portable storage unit out back that it rents for $107 per month. A brand new 8 1/2-ton AC unit has recently been installed, as well as am insulated hot water heater.
The front of house is nicely decorated and comfortable. The inside seating is for 17 guests and the outside patio has seating for 14. When a guest walks in they are greeted by an enthusiastic staff and a display of pastries and salads. Restaurant sales are derived from dine-in guests, pick-up, delivery, and catering.
The breakfast and lunch restaurant for sale hours can vary due to the Florida season. From May 1 through November 30 the hours are Monday through Saturday 10 am to 3 pm. From December 1 through April 30 the breakfast and lunch restaurant for sale operates seven days per week from 8 am through 4 pm.

About the Business

Location:
Palm Beach County, Florida
Year Established:
2004
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,290
Rent:
$3,108.90 Per Month
Lease Expiration:
4/30/2023
Facilities:
14 outdoor chairs 6 outdoor tables 8 inside tables 17 chairs 2 cash registers five foot refrigerated display case 2 eight foot refrigerated display cases three door sandwich cooler three hotel pan steam table 7 prep tables eight foot exhaust hood salamander flat top six eye burner two stove combo unit double panini press microwave slicer walk0in cooler convection oven dish machine three compartment sink utility cart two door stand-up freezer assorted pots pans utensils freezer chest insulated hot water heater high chair advertising sandwich board
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
The deli for sale has created a nice niche in the market It has differentiated itself from the competition with its product offerings
Growth & Expansion:
The demographics of this restaurant for sale are impressive Population in the area is expanding and the average household income is in excess of 77 000 Add additional hours to increase both sales and profits
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will train for 145 calendar days at no additional cost

Listing Info

ID:
1657853
Ad Detail Views:
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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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