9477 Highway A1a Alt - Restaurant FOR SALE


Lake Park, FL 33403
$2,800,000 USD
561-368-0003
9477 Highway A1a Alt, Lake Park, FL for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

9477 Highway A1a Alt
Lake Park, FL 33403


HIGHLIGHTS

  • 3,400 sq. ft., air-conditioned, 1/2 acre lot, 150+ seats, 55 parking spaces.
  • Confidential, requires NDA for further information.
  • Prominently on a major highway in Palm Beach County, offering exceptional visibility and accessibility.
  • This is a second-generation, well-maintained sports bar and grill with a classic sports-themed décor

OVERVIEW

For Sale: Thriving Sports Bar & Grill with Prime Property in Palm Beach County Asking Price: $2,800,000 Overview: Seize this rare opportunity to own a flourishing sports bar and grill, complete with a valuable piece of real estate on a major highway in Palm Beach County. This turnkey operation stands out as a neighborhood favorite, offering a dynamic atmosphere and a loyal customer base. Property Highlights: Location: Prominently situated on a key north-south highway, ensuring exceptional visibility and accessibility in a vibrant section of Palm Beach County. Size: A spacious 3,400-square-foot establishment, fully air-conditioned for customer comfort. Lot Size: Generous 1/2-acre property. Seating Capacity: It accommodates over 150 guests, making it perfect for both regular service and special events. Parking: There is ample parking with 55 available spaces. Business Highlights: Gross Sales: Impressive annual gross sales of $2,400,000. Net Income: A solid net income of $290,000 for ownership. Turnkey Operation: Step into a well-maintained, second-generation sports bar and grill with a longstanding reputation. Atmosphere: A clean and inviting environment with classic sports-themed décor. Investment Potential: This property is not just a business but an investment in a prime location. With its significant street presence in a robust neighborhood, it offers both immediate operational success and long-term real estate value. Confidential Sale: Please note that this is a confidential sale. Interested and qualified groups are required to sign our Non-Disclosure Agreement (NDA) for further information. Contact Us: For more details about this exceptional opportunity, contact us today. Don’t miss out on the chance to own a thriving sports bar with its own property in one of Florida’s most sought-after areas. This is a highly confidential listing and an actively operating business. We stress the importance of discretion in all interactions related to this sale. All interested buyers or prospects are required to formally register with us and sign our standard Non-Disclosure Agreement (NDA) to proceed with any discussions or to receive further details. This is a crucial step to ensure the privacy and smooth continuation of the business during the transition process. For your convenience, we can send the NDA electronically at any time. Please contact us to request the NDA and begin the process of exploring this unique investment opportunity.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$824 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Sports Bar with Real Estate - North Palm

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

CG

APN/PARCEL ID

00-43-42-17-00-000-7010

ASK ABOUT THIS PROPERTY

Tom PrakasPrakas & CompanyMore Info
561-368-0003

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Tom PrakasPrakas & CompanyMore Info
561-368-0003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.