Palm Beach Gardens, FL

(Palm Beach County)

Asking Price:$780,000

Cash Flow:$271,000

Gross Revenue:$1,935,000
EBITDA:$1,188,500
FF&E:N/A
Inventory:$25,000*
Lease Rate:$39 /SF/Year
Established:2005
*not included in asking price.

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    Business Description

    Profitable Well Established Restaurant

    This Fish Grill is a casual, tropical seafood restaurant located in bustling Plaza on . A dream location between Ocean and I95, this charming money-maker is still capable of increasing sales and profit with a new Owner operator . Consistent foot traffic and major high-volume trendy shops with Major anchors, guarantee customers in proximity every day and yearlong with Plenty of parking !

    Given that this establishment is currently open only for dinner, the possibility to exponentially increase sales and profit with a few adjustments to business hours is eminently feasible.

    Catering to an upscale clientele, minimal changes would be required to launch this into the next level of income. Consistent and professional, this establishment has built its reputation among residents and enjoys a robust influx of tourists during season. Consistently top-rated on social media reviews tools.

    Specialties consist of fresh locally-caught seafood creatively prepared along with steaks and other options to appeal to the discerning diner.

    Detailed Information

    Inventory:
    Not included in asking price
    Real Estate:
    Leased
    Building SF:
    3,623
    Lease Expiration:
    4/17/2025
    Employees:
    20
    Facilities:
    Perfect E-2 Business qualifier Located in a Beautiful Plaza, Established in 2005 this restaurant features 150 Seats with SRX Liquor license. This Fish Grill is a casual tropical seafood restaurant located in bustling Plaza, a dream location between Ocean and I95, this charming money-maker is still capable of increasing sales and profit under a new Owner operator. Consistent foot traffic and major anchor with traffic volume guarantee customers in proximity every day and yearlong with plenty of parking spaces !
    Growth & Expansion:
    Advertised income is for a potential owner operator. Open from 5-9PM, this establishment is currently open only for dinner, the possibility to exponentially increase sales and profit with a new adjustments to business hours is eminently feasible. Possibility of creating a large outdoor dining area by using the large restaurant wrap-around side walk.
    Reason for Selling:
    Other Investment