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Profitable Seafood Restaurant For Sale With Licence
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $775000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Description Profitable Seafood Restaurant for Sale in Delray Beach, Florida. This Palm Beach County Restaurant provides six figure earnings to the owner.
This popular seafood restaurant for sale in Delray Beach was established in 2012.The restaurant has consistently grown sales since its inception. The restaurants sales are primarily done at dinner, with more than 90% of the sales coming after 5:30 pm. The dinner check average is a healthy $22 per person, while lunch check average is $10 per person. The seafood restaurant for sale features a 4COP SRX license. This means you can serve your guests all of their favorite cocktails, beer and wine. The restaurant features a full lounge area with seating for 12 at the bar and four high top cocktail tables. This is a wonderful place to spend Happy Hour or have a drink while waiting for your table. Fortunately for you, the owner is forced to sell due to contractual obligations with business partners. His loss is your gain.
The seafood restaurant for sale is located in the very popular city of Delray Beach. It is situated on a road that exceeds more than 50,000 vehicles per day. Delray Beach has a population that exceeds 60,000 residents. More than one-third of these residents are older than 62 years. This seafood restaurant is located close to many of the cities active adult communities. These active adults have discretionary income to spare and eat out often. The restaurant seats 163 people inside and there is room to add an outdoor patio to increase seating. The 3,670 square foot building has more than 100 parking spots and a lease that expires in 2014 with two five year options attached. The rent is $8,269, which includes all CAMS.
The fully equipped commercial kitchen truly has it all. There are two separate hoods. One is 16 feet long and the other is eight feet long. This way you can handle large private parties or catering events with no interruption of service to your dining room guests.
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