Brazilian Restaurant For Sale With Sales Of $1.9 M And Nets $320K In 2023 Boca Raton, FL 33428
- Retail properties
- 4,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Brazilian Restaurant For Sale With Sales Of $1.9 M And Nets $320K In 2023
- Year built
- 2011
- Property size
- 4,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Brazilian restaurant in Boca Raton, FL, presents a remarkable investment opportunity. Boasting consistent high sales and profits, this 4,000 square foot establishment generated $1,963,736 in gross revenue in 2023, netting $321,528. The restaurant, built in 2011, is located in a grocery-anchored shopping center with over 60,000 vehicles passing daily and a 5-mile radius population exceeding 200,000. The lease, expiring March 31, 2026, includes all CAMs, trash, and taxes for a monthly rent of $9,301.73. The fully equipped commercial kitchen features two exhaust hoods (12ft and 8ft), an in-ground grease trap, a walk-in cooler, ample refrigeration, and all necessary equipment to maintain operations. The inviting dining area seats 167 guests, including a private dining room accommodating up to 75 for events. The restaurant offers an authentic Brazilian buffet with various 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. This turnkey operation is SBA loan-eligible, requiring as little as $120,000 down. The restaurant employs 14 staff members and operates seven days a week. This is a rare opportunity to acquire a well-established, profitable business in a prime location.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.2154
- Latitude
- 26.3494
