Turnkey Restaurant in Boca Raton, FL - $99K - Prime Location, Transferable Licenses
Executive Overview
Key Investment Highlights
- •2,086 square feet with seating for 60 guests
- •Additional outdoor seating available
- •Modern interior with display cases and small bar
- •Fully equipped kitchen with 12-foot exhaust hood
- •Prime location in bustling shopping center
This restaurant presents a rare opportunity in a highly desirable market, strategically positioned in an area with a population of 257,466 within a five-mile radius and impressive average household incomes of $165,142 within three miles. Established in 2022 as a fine dining Italian venue, the business has demonstrated strong potential with annual sales of $750,000 while operating just 30 hours per week for dinner service.
The property comes with significant advantages, including a long-term lease valid until 2031 with a five-year renewal option, monthly rent of $11,315 inclusive of CAM's and taxes. The fully equipped space features a TOAST POS system, essential kitchen appliances including burners, ovens, and a walk-in cooler, along with transferable Department of Business and Professional Regulation Hotel and Restaurant License and 2COP Beer and Wine license.