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Established Beachside Restaurant In Palm Beach
Location: United States -> Florida -> Palm Beach County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Well-established casual seafood restaurant with an unbeatable location by the beach. This restaurant has been in the same area for over 20 years, with a strong and loyal customer base. Revenue has grown steadily since opening and is already coming back up after Covid. With over 4000 square feet of space and a prime location, there is a lot of room for growth by offering brunch and late-night service. A strong staff and management team allow this business to be run absentee and continue to thrive, with the owner only working 10 hours a week for half of the year. The listed financials represent only the first three quarters of 2022. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Matt Nicoletti at 8608827228. Please refer to listing #2301462263.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,194,356
Cash Flow:   $112,925
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $148,000
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Weeks Training: 2 Cost: $0
Reason For Selling:  Retirement

Photos

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Established Beachside Restaurant In Palm Beach Photo 1




Print Listing Id: 700383248
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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