Boca Raton Restaurant For Sale Netted $320K On Sales Of $1.9M In 2023 Boca Raton, FL 33428

Property Details for 0 Boca Raton Restaurant For Sale Netted $320K On Sales Of $1.9M In 2023

Year built

2011

Property size

4,000 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving Boca Raton restaurant presents a remarkable investment opportunity. Established in 2011, this 4,000 square foot eatery boasts consistent high sales and profits, netting $321,528 in 2023 on gross sales of $1,963,736. The 2022 figures show similar success, with $1,922,645 in gross sales and a net profit of $238,850 to the seller. This turnkey operation is situated in a grocery-anchored shopping center, benefiting from over 60,000 vehicles daily and a 5-mile radius population exceeding 200,000. Ample parking ensures customer convenience. The lease, with a monthly rent of $9,301.73 (including CAMs, trash, and taxes), extends until March 31, 2026. The fully equipped commercial kitchen features two exhaust hoods (12ft and 8ft), an in-ground grease trap, a walk-in cooler, and extensive commercial refrigeration. The restaurant's seating capacity is 167, including a private dining room accommodating up to 75 guests. The authentic Brazilian buffet features a wide variety of meats, hot and cold sides, and seating arrangements including booths and tables. The sale includes all recipes, and the seller will provide two weeks of training at no additional cost. SBA financing is available, making this a potentially low-down-payment acquisition. This well-established restaurant, with its strong sales history and prime location, presents a compelling opportunity for growth and profitability. The restaurant employs 14 staff members and is open seven days a week for lunch and dinner.

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Longitude

-80.2154

Latitude

26.3494