Tapas and Wine Bar for sale

Fort Lauderdale, FL
Broward County


Asking Price: Annual Revenue:
$189,000 $409,421

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Tapas and Wine Bar for sale Broker: Robert Morrison
License #: SL332365

Quick Facts

Asking Price: $189,000
Annual Revenue: $409,421
Net Profit: Not Disclosed
Cash Flow: $96,783
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 75718096
Broker Reference #: 6483

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Business Overview:

Great opportunity to own this vibrant Wine and Tapas Bar for Sale in the heart of Downtown Fort Lauderdale, Florida. Seller financing is available. Restaurant should easily qualify for E-2 Business Visa.

This Wine and Tapas Bar for sale was established in 2017 and became instantly popular on fashionable Las Olas Blvd. The Google and Yelp reviews speak for themselves. Family circumstances are prompting this sale. The Owners are willing to offer significant financing assistance to a qualified buyer. Bring your offers to We Sell Restaurants today!

The build-out in this 1,100 square foot Tapas and Wine Bar for Sale is upscale and contemporary with seating for up to 50 guests in the dining room and at the bar. There's also an outdoor seating area for up to 12 guests. Perfect for leisurely afternoons enjoying good food and drink with friends and loved ones. Things get a little more lively in the evenings when live music is regularly featured.

Prime location on Las Olas Boulevard in the heart of Fort Lauderdale, Florida is at the forefront of everything from fashion boutiques and art galleries to restaurants, sidewalk cafes and bars. Over the years it has become the hub for both locals and visitors alike.

The menu is a creative mix of tapas...a fusion of Latin and American flavors. The operation of the business is such that food and labor costs can easily be kept sigfificantly lower than an average restaurant. In addition to the extensive wine list, local and craft beers are also featured on tap. A 2COP wine and beer license is included in the sale of this business. There's plenty of street parking available in the area and a large metered lot directly behind the business. The Sellers are a husband and wife who are owner/operators.

This business is a good investment opportunity for Buyers looking to secure an E-2 Visa.

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Property Features and Assets:

True stainless two door refrigerator, Spartan stainless freezer, dishwasher (lease), drop freezer, three compartment sink, Sir Lawrence hot plate, handwash sink, Royal convection oven, tables, chairs, barstools, glassware, flatware, silverware, barware etc., pots, pans etc., Fagor three door beverage cooler, Micro Matic kegerator, small ice maker, two door cooler (bar), two wine refrigerators, flatscreen tv, computer, POS system, sound system, security system,

Market Competition and Expansion:

Future job growth in Fort Lauderdale over the next ten years is expected to be 38.3%

Reason for Selling:

Relocation

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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