000 Annaully Boca Raton, FL 33431
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.