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Business For Sale

Ft. Lauderdale Strip Center & Sports Bar w/4 COP

Ft. Lauderdale - Broward County, FL, USA

Commercial Real Estate: Retail

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$995,000
Not Disclosed
Not Disclosed
$140,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1960
4
74128054
Owner Financing is Available
$520,000 assumable mortgages and Seller may extend additional terms.

Business for Sale Overview:

The main tenant of this property is a Sports Bar run by the Owner of the Center. The Bar business is included in the package, a Buyer has the choice of operating the Bar or selling it to create another tenant. The Bar has been established and continuously run for 40 years and includes a 4 COP license (allowing the sale of all types of liquor), valued at about $140,000.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Location Description: Zoning is Business. Net Operating Income: $140,000. Current & Prior Use: There are 4 individual businesses on the property. The price includes the operating business of the Sports Bar located on the premises. Current Property Expenses: R.E. Taxes are $11,375. Facilities: Property is 6 bays on a major street, all occupied.

Market Competition and Expansion:

Clientele is strictly blue collar - some second generation of very loyal customers. Pool and dart leagues as well as softball league create a camaraderie among the customers that make this bar a great place to hang out with new and old friends. The waitstaff are all long established and very friendly with the clientele. Seller will stay to train a new owner and help to make the transition smooth.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist 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.

Resources:

 

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