Reason For Sale: Focusing on expanding franchise brand- Landmark Breakfast/Lunch/Dinner in S. Palm Beach County. Established for over 20 years. Sales of $2 million + with an owner benefit of $400k. Perfect books & records. Bank Qualified with 20% down. Visa qualified (Tax Returns on file & W-2 employees). Large kitchen & dining area which seats 200. Free Standing Building (3,000 sq ft) located in a destination outside mall with many National anchors. Lease extends to 2029. Experienced kitchen staff in place. Owner benefit is a working owner replacing the manager. Purchaser will have the competitive advantage of the Corporate food buying group that will provide group food purchasing for 15+ restaurants in Florida for $500/month.
The Seller owns the building but has a land lease. Building valued at $674k. Lease extends to 2029. 3000 sq ft location.
Focusing on expanding franchise brand.
Will train for 4 weeks @ no cost.