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Caribbean Restaurant Palm Beach County For Sale

Palm Beach County, Florida
Asking Price:
$299,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$360,000
Cash Flow:
$75,000

This one of a kind Caribbean restaurant features Jamaican and Seafood specialties. The owner will stay on and teach you his award-winning spices and recipes. Brand new equipment and great lease terms. Business is steadily growing month after month and the owner wants to sell due to medical issues. This restaurant is becoming a staple in Palm Beach county as shown by their online reviews. Please refer to listing number 6401-84914 and advisor Joshua Sagman when inquiring.

Property information

Real Estate:

Lease

Lease Terms:

Lease/Month: 2993 Square Footage: 1200 Building Type: Strip center
Terms & Options: 3 year with a 3 year Expiration Date: 9/1/2019

Business Operation

Reasons for selling:

Medical

Trading hours:

Monday-Thursday (11-9pm) Weekends (11-10pm)

Employees:
10
Years established:
1

Other Information

Support & training:

Seller will train for four weeks at no additional cost

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will finance $50,000 at 10% for 24 months equaling $2,307.25 per month.

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price
Relocatable:
This business can be relocated.

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