Listing Number: 0101-345526
Description
This landmark food and beverage destination is known as THE local go to place fusing the best of American, Asian and Italian influences into an incredible dining and beverage experience. Blending a family, fun and very contemporary atmosphere, this almost 300 seat restaurant (inside and out) offers price and value for any gathering.
• Owner has no direct day to day involvement with restaurant operations
• Full management team in place including GM, front of the house, kitchen and bar.
• Multi-Million dollar professional design and build out.
• Stated Financials are part year for 2025 Jan.-April $2.23MM revenues, $274K Adj. EBITDA.
• Prior year financials are from Business Tax Returns and are presented as EBITA not “SDE”, or “Owner to prove”.
• Casual lunch (31% of total revenue ), happy hour and dinner (69% of total revenue).
• Food/Beverage mix by revenue is approximately 76% food/24% beverage.
• Long Lease in place with options to renew.
• Multi industry and media award winning restaurant and the subject of numerous Florida media food & beverage article publications.
• Full OFFERING MEMORANDUM available for qualified buyers including comprehensive financials, lease, equipment list and a full video tour of the property exterior, the dining room and the kitchen.
• All interested parties must sign an NDA, provide proof of funds and BIO/resume. Owner will not consider disclosure to a Buyer prospect without related direct F&B experience.
• Excellent E-2 Treaty Investment VISA opportunity business for qualified and experienced Buyers.
Listing Details
- Price: $1,500,000
- Down Payment: $1,500,000
- Sellers Discretionary Earnings: $273,839
- Total Sales: $2,236,443
- Location: Palm Beach County, Florida
- Inventory: $0
- FF&E: $250,000
- Employees: 80
- Year Established: 2012
- Reason for Selling: Retirement
- Category: Restaurants
