Business For Sale

Asian Restaurant for Sale in Ft. Lauderdale

Fort Lauderdale, FL
Broward County

Ft Lauderdale


Asking Price: Annual Revenue:
$739,000 $1,702,050

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Asian Restaurant for Sale in Ft. Lauderdale Broker: Ken Eisenband

Quick Facts

Asking Price: $739,000
Annual Revenue: $1,702,050
Net Profit: Not Disclosed
Cash Flow: $271,044
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 22
BBN Listing #: 5948096
Broker Reference #: 6014

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Business Overview:

Broward County Asian Restaurant for Sale on Las Olas Blvd. is absentee run and a great investment. Eight years of goodwill, great reviews, and best location in Ft. Lauderdale make this a home run.

The restaurant for sale had sales in 2016 in excess of $ 1.7 Million with more than $270,000 in owners benefits. Sales and profits are consistent year in and year out for this Asian eatery located on the most desirable streets in Broward County. The Las Olas business district is known as the heart and soul of Fort Lauderdale. The district is famous for its sidewalk cafés, boutiques, unique architecture, and swaying palm and olive trees. The Las Olas business district is home to more than 30 restaurants, 75 boutiques, 12 art galleries, historic hotels, and luxury home and yacht rentals. If you are looking for a location with high foot traffic and year-round business, this is the Broward County space for you.

This is an opportunity to buy a restaurant for sale that is producing strong top-line sales and bottom line numbers. The business has been absentee run for the last few years. The restaurant for sale is fully-staffed and has management in place to continue the growth. The concept has been in existence for nine years and has been guided by the same ownership since its inception, a rare find by the restaurant brokers. This is perfect as an investment or for a hands-on operator who can better control costs and drive more sales with an ownership presence.

The restaurant for sale has a location that is one of a kind. Occupying 2,400 square feet with seating for 59 guests indoors and another 1,000 square feet available on the outdoor patio overlooking the water that has seating for an additional 50 guests. The rent for this location is $12,437 including all CAMS and taxes. The CAMS include water and trash.

The restaurant for sale features a fully equipped commercial kitchen. The kitchen features a long hood, wok cookers, six-eye-burners with stoves, char-broilers, fryers, stock pot ranges, ice machines, commercial refrigeration and freezers, and much more. The front of the house features state of the art POS systems, sushi cases, and security cameras. The outdoor patio is on the water and has six large heaters for chilly south Florida evenings.

The menu at this restaurant for sale has been developed over time by the owners and chefs. It features the finest Sushi and Thai cuisine in south Florida. The business features a 2COP license that allows it to sell beer, wine, and the very popular and profitable sake. There are lunch specials available. All recipes will transfer with the sale and the dedicated staff will remain to insure steady growth.

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Property Features and Assets:

Host Stand three door glass low boy cooler 2 refrigerated sushi cases 17 tables 25 chairs 2 booth seat POS system 28 outdoor tables 71 outdoor chairs station 4 large umbrellas sectional outdoor couch coffee table 6 outdoor heaters utility cart two door low boy cooler three door low boy cooler rice cooker coffee brewer coffee grinder ice machine table top steamer rive maker soup well dish machine three compartment sink s/s shelving 2 prep tables two station wok cooker six eye burner with stove char broiler 12 foot exhaust hood two door sandwich cooler microwave candy stock pot burner walk-in cooler walk in freezer pots, pans, utensils,smallwares

Market Competition and Expansion:

Restaurants, Upscale Boutiques, Service Providers

Reason for Selling:

Other

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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