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#4756
Palm Beach

Upscale dinner restaurant in Boca Raton

$150,000
Upscale dinner restaurant in Boca Raton
This Listing is Expired

Reason for Sale:Owner must return back to NY. Upscale dinner restaurant in Boca Raton. 1500 sq ft restaurant located in Central Boca near the turnpike. Completely remodeled kitchen and dining room. Restaurant serves a great continental menu. Seating capacity for 65 patrons. Outside seating for 12+.Lease extends to 2025. Rent 3700/ mth include trash /cam/ sales tax. Fully equipped kitchen with 15 ft hood / walk in cooler and freezer.Beer and wine lic. Ample parking Perfect for a working chef owner. Shopping Center has Nat'l retail tenants.

This is a Murphy Business & Financial Services Inc listing.
Broker Russell Cohen DRE License #SL679527

Lease

Region:
Palm Beach
Lease Term:
2/2020

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
Hours Open:
Monday-Sunday 4:30-10
Year Established:
1

Facilities

Indoor Seating:
65
Outdoor Seating:
12
Inside Sq. Ft.:
1,500

Highlights

  • Upscale dinner restaurant in Boca Raton

Financing

Down Payment:
$150,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 24,232 93,228 190,550
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,926 39,229 74,524
2010 Persons Per Household 1.94 2.07 2.29
Median House Value $192,600 $246,716 $252,779
Income Per Household $48,713 $59,610 $63,921
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 796 2,597 7,234
2012 Number Of Employees 13,770 44,052 153,680
2012 Total Annual Payroll $226,000,000 $895,180,000 $3,736,971,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that South Florida Business Broker Russell Cohen ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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