000 Annaully Boca Raton, FL 33431
- Retail properties
- 1,493 SF
Current Use by Public Records
- Retail properties
Property Details for 000 Annaully
- Year built
- 2019
- Property size
- 1,493 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving fast-casual deli in Boca Raton, FL, presents a fantastic investment opportunity. Priced at $319,000, this 1,493 square foot restaurant boasts impressive financials. In 2023, it generated $664,086 in gross revenue, representing an 11% increase over 2022, with a net profit of $124,549 for the owners. The business operates with limited hours (34 hours/week), offering significant potential for growth through extended hours or marketing efforts. Located on a high-traffic road with over 34,000 vehicles daily, the deli benefits from a dense population (45,000 residents within three miles, swelling to 96,000 during the day) and proximity to Florida Atlantic University and Lynn University. The lease, expiring June 29, 2025, includes two five-year options and a reasonable monthly rent of $5,844, covering CAMs, taxes, water, and trash removal. The fully equipped kitchen features a 12-foot exhaust hood, a six-eye burner with oven, char-broiler, roast oven, two fryers, ample refrigeration (including a walk-in cooler), and all necessary equipment for immediate operation. The inviting dining area seats 20 guests. The menu, including recipes, transfers with the sale, and the current owners will provide two weeks of training. SBA lending and seller financing options are available. This turnkey operation offers a compelling combination of strong financials, prime location, and excellent potential for future expansion.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1038
- Latitude
- 26.3768
