Absentee Potential Landmark Breakfast Lunch Café

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$269,000 $701,845

Food & Beverage: Miscellaneous


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RE: Absentee Potential Landmark Breakfast Lunch Café Broker: Jesse Peraza

Quick Facts

Asking Price: $269,000
Annual Revenue: $701,845
Net Profit: Not Disclosed
Cash Flow: $135,100
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 10
BBN Listing #: 2534630
Broker Reference #: 2201698371

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Business Overview:

Rarely available, Absentee possible landmark breakfast-lunch cafe in booming downtown ft Lauderdale with thousands of potential clients from nearby offices, courthouse, college campus, tourists on Las Olas blvd on top of thousands of new units being built. The cafe serves a wide variety of breakfast and lunch dishes to satisfy all and prices are known to be lowest in the area to a wide-ranging loyal clientele. End cap unit fronting busy intersection with parking in front gives additional access to customers that want to eat in or at the restaurant garden 60 seats in and 40 in garden area. Tremendous potential to simplify menu, increase prices slightly and reduce portions all of which are due to happen. Current retiring owners have priced to sell at below what they invested almost 20 years ago. Staff in place to run absentee 7 employees, one supervisor and 3 delivery drivers all W-2 employees but owners go to business daily now. Please refer to listing 2201698371, business broker Jesse Peraza when you inquire about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $6,134; Square Footage: 2,200; Building Type: strip center; Terms & Options: 1 x 5 year; Expiration Date: 3/31/2022.

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 3

Reason for Selling:

Retirement

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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