Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Restaurant For Sale With Excellent Location

Palm Beach County, Florida, US
Asking Price:
$100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$484,603
Cash Flow:
$212,504

Extremely popular and highly visible Gallery, Wine Bar, and Lounge with a strong social media base and recognition in the heart of West Palm Beach. Located in an elevated art gallery and wine bar hybrid setting, created by an international Artist and Designer. Space features globally-curated Art, Interior Decorations and Furnishings, and a lush tropical garden, allowing for a variety of seating experiences, all in a sophisticated, comfortable atmosphere. The owner is moving on to new projects and the remaining Gallery inventory and furnishings are included. The highlight of the space is the owner's buildout improvement investment of over $500000, designed using only the finest materials, including limestone floors, French plaster walls, custom ceilings, and solid brass fixtures, as well as completely custom features including state-of-the-art visual digital media installation projecting on a custom 22-foot stone counter with seating for 10. Handsomely appointed wine library, small plate kitchen, French galley coffee station, and bespoke designer washrooms. The location is turnkey and ready for new owners to add personal touches and continue operation as Gallery/Wine Bar/Furnishings, or re-invent the space to their liking. Offering as Hybrid Asset Sale and Lease Assignment. No current operating income as the wine bar closed for the season. Financials are shown for reference only, to show past performance and future potential. The seller is extremely motivated and has other interests.

This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Alan Pattee.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 7600
Square Footage: 3200
Building Type: STRIP
Terms & Options: 1 REN @ 6YR
Expiration Date: 12/30/2030

Location:

Central palm beach county

Premises Details:

Strip Mall

Size in square feet:
3,200

Business Operation

Competition / Market:

Miles: 50
Years: 2

Reasons for selling:

Other interests

Trading hours:

5:30 - 110:P

Employees:
1
Years established:
4

Other Information

Support & training:

Weeks Training: 2
Cost: $0

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price