$995,000
4,900 sq ft
EBITDA: 400,000
Palm Beach Lakes Blvd Restaurant & Bar – Established 45 years! Profitable Business
Palm Beach Lakes, West Palm Beach
Restaurants For Sale
Overview

Welcome to our newest restaurant and bar listing located in the vibrant city of West Palm Beach, FL. This long-established turnkey operation presents a fantastic opportunity for the right buyer to take advantage of 45 years of success and profit.

The free-standing building boasts the busiest traffic count in Palm Beach County, with 2021 sales of $1,850,000. The interior and kitchen have undergone recent renovations and are fully equipped with all furnishings, fixtures, and equipment included.

Covering 4,900 square feet and featuring a covered patio, this restaurant and bar has a rent figure of $11,700/month, with a long-term lease in place until 2047. The EBITDA is $400,000 per year, and all infrastructure is included.

Don’t miss out on this amazing business opportunity! Contact the listing agent, A. Tom Prakas, at 561.929.0111 or tom@hospitality.prakascompany.com for more information.

  • Established 45 years
  • FREE-STANDING BUILDING
  • 2021 Sales: $1,850,000
  • BUSIEST TRAFFIC COUNT IN Palm Beach County
  • Rent Figure: $11,700 / month ALL IN.
  • LONG TERM LEASE IS IN PLACE TILL 2047
  • Everything goes, All FF&E included. Recent renovations were completed as well to the interior & kitchen. 
  • Size: 4,900 SF + covered patio

– $400,000 / year Owner COMP

 

Specifications
Size: 4,900 sq ft
Lease Term: 25
Years In Business: 45
EBITDA: 400,000
Infrastructure Included: Yes
Photos

Location

Attachments

Tom Prakas Bio

Athan “Tom” Prakas

Restaurant Consultant

Mobile: (561) 929-0111
Office: (561) 368-0003
Email: tom@prakascompany.com

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Palm Beach Lakes Blvd Restaurant & Bar - Established 45 years! Profitable Business