Cafe/Wine Bar for Sale in South Florida with Waterfront Patio Seating

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Enjoy a European style cafe with a divine food and coffee experience!
Asking Price:
$349,000

Gross Revenue:
$560,017
Cash Flow:
$54,018
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Cafe/Wine Bar for sale in Palm Beach County, Florida is located in an affluent town with an exquisite build-out and waterfront patio seating.
This cafe/wine bar for sale was originally open for breakfast. lunch and dinner. The current family situation has forced the owners to shorten the restaurants hours. The build-out, location, and local demographics will support this restaurant for dinner and or as a wine bar in the evening. There has been a call for dinner by the locals and the venue has been rented out for special occasions and events. No expense was spared in the build-out of the front of the house. The tables and chairs are the finest quality, the counter-top is hardwood, the chandeliers are crystal-like and the guests on the patio have a stunning waterfront view. If you are looking for an upscale dining establishment in Palm Beach County, look no further.
Brought to you by We Sell Restaurants, this cafe for sale is located in a popular shopping center with other successful operators. This spot has easy access and great visibility. The three-mile radius population is more than 63,000 residents with an average household income in excess of 103,000. The average price for a home in this area is $695,066. The busy road in front of the restaurant has more than 41,003 vehicles travel bye on a daily basis. The restaurant is housed in 1,587 square feet with a 500 square foot waterfront patio. The restaurant seats 44 guests inside and 35 outside. The long term lease expires in 2022 and there are two ten year options attached. The very reasonable monthly rent is $5,297 including all CAMS and taxes.
This cafe for sale is located in Palm Beach County, Florida and combines old-world European style with upscale food and coffee in a casual atmosphere. Customers have the option to either dine inside or on the waterfront patio. Prior to the shortening of hour,s there was live music that brought in a large crowd of people. The restaurant has a beautiful wine display and customers would eat dinner and have another glass of wine as they enjoyed the entertainment. This restaurant for sale currently serves breakfast and lunch, but is built and ready to serve dinner.
This fully equipped kitchen has everything you will need with a 6 Foot Exhaust Hood, Six Eye Burner, Flat Top, Two Oven Combo Unit, One Drawer Sandwich Cooler, Convection Oven, Prep Table, Slicer, Ice Machine, Three Compartment Sink, Walk-in Freezer, Walk-in Cooler, Speed Rack, Commercial Microwave, Crepe Machine, and assorted pots, pans, utensils.
The current breakfast and lunch menu is not your standard fare. The surrounding area is affluent and the menu caters to this demographic. All recipes will transfer and the owners will train for two weeks to insure the high standards will continue.

About the Business

Year Established:
2014
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
1,587
Rent:
$5,300.58 Per Month
Lease Expiration:
12/1/2022
Facilities:
Host Stand Leather Couch High Chair Wood Table for 6 12 Two Top Tables 20 Stools 31 Chairs Built out Bar Wine Display POS System 2 Door Low Boy Cooler Piano Baby Grand Sound System 3 Door Low Boy Cooler 1 Door Low Boy Cooler 3 Door Sandwich Cooler Refrigerated Display Case Juicer 2 TVs 6 Foot Hood 6 Eye Burner Flat Top 2 Oven Combo Unit 1 Drawer Sandwich Cooler Convection Oven Prep Table Slicer Ice Machine Three Compartment Sink Walk-in Freezer Walk-in Cooler Speed Rack 9 Outdoor Tables 35 Outdoor Chairs Assorted Pots Pans Utensils Commercial Microwave Crepe Machine Menu Online
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Very affluent area with new residences being added will continue to supply the shopping center and restaurant guests No one in the area can compete with the upscale atmosphere of this cafe
Growth & Expansion:
The cafe is currently serves breakfast and lunch The location beautiful build-out and waterfront patio seating will attract a dinner crowd
Contact the Seller

About the Sale

Reason For Selling:
Personal
Training/Support:
The owner will provide 14 Calandar Days of training for no compensation

Listing Info

ID:
1610242
Ad Detail Views:
0

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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

U.S. Census Data for Palm Beach County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Palm Beach County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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