0 Brazilian Restaurant For Sale With Sales Of $1.9 M And Nets $320K In 2023Boca Raton, FL 33428

Property Details for 0 Brazilian Restaurant For Sale With Sales Of $1.9 M And Nets $320K In 2023

Year built

2011

Property size (Sq ft)

4,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This thriving Brazilian restaurant in Boca Raton, FL, presents a remarkable investment opportunity. Boasting consistent high sales and profits, this 4,000 square foot establishment generated $1,963,736 in gross revenue in 2023, netting $321,528. The restaurant, built in 2011, is located in a grocery-anchored shopping center with over 60,000 vehicles passing daily and a 5-mile radius population exceeding 200,000. The lease, expiring March 31, 2026, includes all CAMs, trash, and taxes for a monthly rent of $9,301.73. The fully equipped commercial kitchen features two exhaust hoods (12ft and 8ft), an in-ground grease trap, a walk-in cooler, ample refrigeration, and all necessary equipment to maintain operations. The inviting dining area seats 167 guests, including a private dining room accommodating up to 75 for events. The restaurant offers an authentic Brazilian buffet with various meats, hot and cold sides, and seating arrangements including booths and tables. The sale includes all recipes, and the seller will provide two weeks of training at no additional cost. This turnkey operation is SBA loan-eligible, requiring as little as $120,000 down. The restaurant employs 14 staff members and operates seven days a week. This is a rare opportunity to acquire a well-established, profitable business in a prime location.

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3494

Longitude

-80.2154

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