MergerPlace

Bakery, Restaurant and Deli

Florida (Palm Beach)


  • Asking Price: $275,000
  • Gross Income: $861,436
  • Cash Flow: $103,190
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $50,000
  • Listing ID: #212206
  • Established: 1998
  • Employees: 8 FT / 2 PT

Business Description

Successful and well known breakfast-lunch, bagel bakery, New York Style Deli, located in Boca Raton. The concept started in New York in 1970 by the same owner and was brought to Florida in 2013. Many celebrities have visited the restaurant. Seats 70 people, it has a unique menu and it does 70% restaurant an 30% bakery. People love the ambiance which is full of sports memorabilia. Great location in a main strip mall, the average daily traffic is 55,000 cars. After so many years, the owners wants to slow down. Great for a Buyer looking for a unique concept in the restaurant industry.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT / 2 PT

Financial Information

Asking Price: $275,000
Gross Revenue: $861,436
Cash Flow: $103,190
FF&E: $50,000
Inventory: $8,000
Seller Financing Available: No

Property Information

Facilities:

Business located in a big strip mall, surrounded with many stores which include national anchors. Rent is $ 9,000 a month for 2,500 sq ft. The restaurant seats 70 people.

Growth & expansion opportunities:

A new owner with new ideas that brings energy to the business can help it grow. More innovative advertising techniques can also help the business grow.

Competition:

This is unique concept and ambiance.

Reason for selling:

Wants to slow down.

Support & Training:

Will train for 2 weeks @ $0 cost. General management. Restaurant experience a plus.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers