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Business For Sale

11,000 SQUARE FEET RESTAURANT FOR LEASE

Attn: Bea Morley
Fort Lauderdale, FL, USA
Listing #: 861023499
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Asking Price: $275,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Currently Vacant
Year Established: 1980
 

Business for Sale Overview:

This is a freestanding building directly on Federal Highway with excellent visibility from the 50,000 plus vehicles per day. The demographics are excellent and neighboring restaurants within a quarter mile include Olive Garden, Red Lobster, Outback Steakhouse, TGI Fridays, Bonefish Grill, Smokey Bones and Carrabbas.


Property Features and Assets:

The property is just over 1.4 acres and the building itself is 11,367 square feet. It has a main dining area, bar area and banquet or function rooms. The facility is set up as a large buffet restaurant with island buffet stations and an attractive open kitchen area for cooking steaks and chops, etc.


Market Competition and Expansion:

Many of the major national restaurant chains are located here attesting to the excellent demographics of the area. Just behind this restaurant are million dollar waterfront homes.


Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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