Fast Casual Cafe for Sale in Wilton Manors, FL

Wilton Manors, FL
Broward County


Asking Price: Annual Revenue:
$60,000 $300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fast Casual Cafe for Sale in Wilton Manors, FL Broker: Hannah Eisenband

Quick Facts

Asking Price: $60,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 3
BBN Listing #: 62228096
Broker Reference #: 8527

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Business Overview:

Latin Cafe for Sale in Wilton Manors. Located in the heart of Downtown, low rent, and plenty of growth opportunity! Keep the same concept or easily convert!

Do not miss out! Buy this fast casual Cafe for Sale in Broward County, Florida. This Restaurant for Sale is located in a neighborhood that loves to eat out and socialize late into the night. This restaurant for sale is situated in the middle of the action. The current concept is Latin food, however, you can easily convert this into almost any concept. If you decide to keep the concept you will need to change the name. The fully equipped commercial kitchen and transfer of license will allow you to open your concept on day one! Featuring a 6-foot exhaust hood and grease interceptor. The cooking equipment includes a two-eye burner, fryer, grill, and ovens. The transfer of assets with this bar for sale also includes flat screen televisions, commercial refrigeration, and a stage. Please click the tab below for photos of the front of house and back of house.

The Fast Casual Restaurant for Sale occupies 1,200 square feet of prime real estate in Wilton Manors. The restaurant comfortably seats 18 guests inside and eight guests outside. The monthly rent is an exceptionally low $3,300 including Taxes, CAMs, and Water. The current lease expires on May 31, 2022, but the landlord will be happy to discuss an extension. We Sell Restaurants can help you negotiate a lease that works for you!

The three-mile radius population of this restaurant for sale is in excess of 155,000 with an average household income of more than $75,000 annually. In 2018 more than $75,000,000 was spent at restaurants in the three-mile radius. This Cafe for Sale is located in Wilton Manors which has a demographic that is perfect for this concept. Wilton Manors is known for its alternative lifestyle demographic. Since the late 1990s the Wilton Drive main street corridor has undergone an economic transformation. Formerly a sleepy street lined with small retail shops, the main street running through Wilton Manors, "The Drive" has become a local, regional, and national destination for LGBT+ tourism. Recently completed was a "Complete Streets" project that saw wider sidewalks, on-street parking, buffered bike lines, and the reduction of vehicular lanes from four to two. Another example of the economic revitalization in Wilton Manors is the Highland Estates neighborhood, which was significantly transformed in the last decade to an upscale neighborhood with multiple new modern townhouse developments.

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Property Features and Assets:

Garbage Can Display Case Counter top with display case 4 TV Steam Table 18 Chairs 5 Tables 2 High Chairs Two Door Grab and go cooler Empanada Warmer 6 Foot Exhaust Hood Grill 2 Eye Burner Fryer SS Shelving Cooler Mini Toaster Coffee Machine Table Top Ice Machine Blender 3 Compartment Sink Stack Oven Residential Residential Cooler Freezer Microwave Prep Table with cutting board Scale Stage Slicer Commercial Cooler Ladder 2 Outdoor Tables 11 Outdoor Chairs

Market Competition and Expansion:

Main street running through Wilton Manors, "The Drive" has become a local, regional, and national destination for LGBT+ tourism. Recently completed was a "Complete Streets" project that saw wider sidewalks, on-street parking, and buffered bike lines.

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.

Relevant Links:

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