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Iconic Restaurant With Fantastic Location For Sale

Palm Beach County, Florida, US
Asking Price:
$750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,017,118
Cash Flow:
$339,068

LOCATION! LOCATION! LOCATION!
PRICE REDUCED This iconic restaurant is located within walking distance of one of the largest sports arenas in South Florida, making it a premier destination on game days and year-round. Enjoy front-row access to Major League sports while dining in one of Florida’s best-known restaurants.
The restaurant offers a full and diverse menu, including appetizers, wings, burgers, soups, salads, hot dogs, pizza, chicken, and more. A fast, friendly, and experienced staff ensures customers keep coming back.
No advertising needed! This business has been well-known and successfully established for over 24 years, benefiting from consistent foot traffic and a loyal customer base. 2 floors, second floor rent-free, huge outdoor patio rent-free, and no percentage rent rider applies. Over 300 seats
Highlights:

  • Seating for 300+ guests
  • Open 7 days a week, 11 AM – 2 AM
  • Prime downtown location in the busiest area
  • Next to South Florida’s largest and best sports stadium
  • Great atmosphere
  • Plenty of parking
  • Financing available to qualified buyers

Don’t miss this rare opportunity to own a landmark restaurant in an unbeatable location!

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 27564 Square Footage: 6325 Building Type: PLAZA
Terms & Options: NEGOTIABLE Expiration Date: 6/30/2039

Premises Details:

Lease/Month: 27564 Square Footage: 6325 Building Type: PLAZA
Terms & Options: NEGOTIABLE Expiration Date: 6/30/2039

Business Operation

Management type:
This business is owner operated.
Competition / Market:

Non Compete : Miles: 10 Years: 2

Reasons for selling:

Other Interests

Trading hours:

MON-SUN 11AM-2AM

Employees:
42
Years established:
24

Other Information

Support & training:

Weeks Training: 2 Cost: $0

Financing available:

Loan/Other - Amt: 600,000 Mos: 120 Rate: 8.00 Mo Pmt: 7,279.66

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price