, for Sale & Lease

for Sale & Lease

Price $299,000.00

• Lot size 0
• Year Build 2016
• Waterfront
• Zip 33433
• Style
• Parking Description Common, Covered, Shared Parking
• Pool Yes
• Status Active

Description

Looking for an affordable business opportunity? Consider this established Mediterranean restaurant in Palm County. Skip the 12-18 month wait for permits by stepping into a business that's already running. In 2022, the restaurant generated $944,000 in gross sales, proving its strong market presence. Known for its high-quality Greek cuisine, it has a loyal customer base and is a local favorite. While recent sales have declined due to the owner's health, this is a great opportunity for a new owner to take over with immediate cash flow. The seller offers two weeks of training and will finance 50% of the $299,000 sale price. Don't miss out on this profitable business! Bring your own menu and ideas today. NDA will be required, DO NOT APPROACH STAFF please. SEATS 67 indoor plus big patio.

Anchored Center, Central Business District, In Residential Area, Shopping Center

Looking for an affordable business opportunity? Consider this established Mediterranean restaurant in Palm County. Skip the 12-18 month wait for permits by stepping into a business that's already running. In 2022, the restaurant generated $944,000 in gross sales, proving its strong market presence. Known for its high-quality Greek cuisine, it has a loyal customer base and is a local favorite. While recent sales have declined due to the owner's health, this is a great opportunity for a new owner to take over with immediate cash flow. The seller offers two weeks of training and will finance 50% of the $299,000 sale price. Don't miss out on this profitable business! Bring your own menu and ideas today. NDA will be required, DO NOT APPROACH STAFF please. SEATS 67 indoor plus big patio.

City:Boca Raton,Zoning:commercial,Cooling:1:Exhaust Fan,Heating:1:Central Individual A/C,2:Exhaust Fan,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:26.3313226,Cooling Y N:1,Heating Y N:1,List Price:299000,Listing Id:A11771591,Longitude:-80.1376682,Mls Status:Active,Ownership:Corporation,Year Built:2016,Inclusions:Equipment,Furniture/Fixtures,Leases,Signs Included, Business Only,Other Sale Includes,Postal Code:33433,Coordinates:1:26.3313226,Gross Income:663000,Lot Features:1:Central Business District,2:In Residential Area,3:Shopping Center,Photos Count:4,Building Name:name witheld,Business Name:name witheld,Business Type:1:Food & Beverage,2:Restaurant,Days On Market:94,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:4580,On Market Date:2025-03-26,Parking Total:100,Property Type:Business Opportunity,Public Remarks:Looking for an affordable business opportunity? Consider this established Mediterranean restaurant in Palm County. Skip the 12-18 month wait for permits by stepping into a business that's already running. In 2022, the restaurant generated $944,000 in gross sales, proving its strong market presence. Known for its high-quality Greek cuisine, it has a loyal customer base and is a local favorite. While recent sales have declined due to the owner's health, this is a great opportunity for a new owner to take over with immediate cash flow. The seller offers two weeks of training and will finance 50% of the $299,000 sale price. Don't miss out on this profitable business! Bring your own menu and ideas today. NDA will be required, DO NOT APPROACH STAFF please. SEATS 67 indoor plus big patio.,Structure Type:1:Restaurant,2:Shopping Center,Approval Status:Unapproved,County Or Parish:Palm Beach County,Expiration Date:2026-03-25,List Office Name:Palm Ocean Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Covered,2:Shared Parking,Seating Capacity:84,Special Licenses:1:City License,2:Occupational License,3:State License,State Or Province:FL,Tax Annual Amount:1756,Total Actual Rent:6127,Year Established:2016,Building Features:1:Automobile Traffic,2:Natural Gas,3:Private Restrooms,4:Restaurant,5:Storage,Insurance Expense:4750,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Days Open:7,Security Features:1:Smoke Detector(s),2:Fire Sprinkler System,Year Built Details:Resale,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Num Meters:1,Original List Price:299000,Public Survey Range:1,Documents Available:1:Other Available Information,2:Photos,3:Site Plans,I D X Participation Y N:1,M I A M I R E_ Gross Sales:663000,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Tenants:20,M I A M I R E_ Num Toilets:2,Syndication Remarks:Looking for an affordable business opportunity? Consider this established Mediterranean restaurant in Palm County. Skip the 12-18 month wait for permits by stepping into a business that's already running. In 2022, the restaurant generated $944,000 in gross sales, proving its strong market presence. Known for its high-quality Greek cuisine, it has a loyal customer base and is a local favorite. While recent sales have declined due to the owner's health, this is a great opportunity for a new owner to take over with immediate cash flow. The seller offers two weeks of training and will finance 50% of the $299,000 sale price. Don't miss out on this profitable business! Bring your own menu and ideas today. NDA will be required, DO NOT APPROACH STAFF please. SEATS 67 indoor plus big patio.,Listing Contract Date:2025-03-26,Originating System I D:miamire,Public Survey Section:1,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Electric On Property Y N:1,M I A M I R E_ A C Percentage:1,M I A M I R E_ Current Price:299000,M I A M I R E_ Milesto Beach:5,M I A M I R E_ Sq Ft Occupied:1405,Public Survey Township:1,Construction Materials:1:Stucco,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Palm Beach 4560; 4570; 4580; 4650; 4660; 4670; 468,M I A M I R E_ Typeof Business:RESTAURANT,M I A M I R E_ Internet Remarks:This establishment has built a strong reputation for its high-quality mediterranean cuisine, attracting a steady stream of loyal customers.,M I A M I R E_ Parcel Number M L X:0042,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.331323$-80.137668$278.70$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJQ0VxTENCU2c.,Contract Status Change Date:2025-03-26,Distance To Freeway Numeric:2,Operating Expense Includes:1:Advertising,2:Electricity,3:Fuel,4:Licenses,5:Other,6:Payroll,7:Insurance,8:Real Estate Tax,9:Rent,10:Trash,11:Utilities,12:Water/Sewer,M I A M I R E_ Ok To Advertise List:No,Number Of Full Time Employees:4,M I A M I R E_ Building Name Number:name witheld,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:954-445-2611,M I A M I R E_ Property Description:SHOPPING CENTER,M I A M I R E_ Supplemental Remarks:**FOR SALE: Restaurant with 84 Seats ? $299,000 | Palm County, Florida** Looking for an affordable business opportunity? Consider the potential of this established Mediterranean restaurant in Palm County. In Florida, it can take 12 to 18 months to secure all the necessary permits for a new restaurant, including permits for exhaust systems and compliant grease traps. That?s potentially 18 months of rent payments before construction even begins. However, this is a rare chance to avoid that waiting period?step into a business that?s already up and running. In 2022, this restaurant generated $944,000 in gross sales, proving its strong market presence. Known for its high-quality Greek cuisine, the restaurant has a loyal customer base and is a local favorite for those seeking authentic Mediterranean flavors. While sales have recently declined due to the owner's health, this offers a prime opportunity for a new owner to take over a business with immediate cash flow and the flexibility to gradually transition it to match their vision. The seller is confident in the location's long-term success and offers two weeks of training. This is an excellent opportunity to take control of a profitable restaurant at an attractive price. This well-established Mediterranean restaurant offers an incredible opportunity for a new owner to step into a thriving business known for its high-quality Greek cuisine. With a carefully crafted menu featuring authentic flavors, fresh ingredients, and a loyal customer base, this restaurant has become a go-to spot for both locals and visitors seeking a true taste of Greece. Bring your menu and ideas here. The inviting dining space includes indoor seats and a beautiful patio with an additional seats, creating a warm and welcoming atmosphere for guests. The combination of indoor and outdoor seating provides flexibility for year-round dining, enhancing the restaurant?s appeal and revenue potential. The current owner may stay on for a short period to assist with the transition, ensuring a seamless handover for the right operator. To maintain confidentiality, all interested buyers must sign a Non-Disclosure Agreement (NDA) before receiving further details. Serious inquiries only. Facilities & Assets: This well-established Mediterranean restaurant features Indoor seats and outdoor patio seats in a high-traffic shopping plaza in Boca Raton. The fully equipped kitchen includes all necessary cooking and refrigeration equipment, ensuring a seamless transition for a new owner. The inviting dining space, along with ample parking and strong foot traffic, makes this a prime location for continued success. Support & Training: To ensure a smooth transition, the seller is willing to stay on for a short period as an employee, providing hands-on training and guidance. This support will help the new owner understand daily operations, menu preparation, supplier relationships, and customer service standards, ensuring continuity and success. Market & Competition The restaurant has built a strong reputation for high-quality Greek and Mediterranean cuisine, attracting both loyal local customers and new patrons. Boca Raton is a thriving market with a high demand for authentic dining experiences, and this business benefits from its excellent location in a busy shopping center. While there is competition in the restaurant industry, the unique menu, strong brand identity, and established customer base give this business a competitive edge. Growth & Expansion: There are multiple opportunities for growth, including expanding marketing efforts, increasing delivery and catering services, and extending operating hours. A new owner could also introduce new menu items such as breakfast or promotions to attract even more customers. With a solid foundation already in place, this business is well-positioned for continued success and expansion.,M I A M I R E_ Training Available Y N:1,M I A M I R E_ Improvement Height C O M:1 Story,M I A M I R E_ Inc Exp Statement Period:2024,Internet Entire Listing Display Y N:1,