Fast-Casual Restaurant for Sale in Broward

Margate, FL
Broward County


Asking Price: Annual Revenue:
$99,000 $240,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fast-Casual Restaurant for Sale in Broward Broker: Ken Eisenband

Quick Facts

Asking Price: $99,000
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 6
BBN Listing #: 48848096
Broker Reference #: 7486

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Business Overview:

Restaurant for Sale in Broward County. Located in a busy and successful shopping center with a great lease in place. Fully Equipped and priced at less than $100,000, this one won't last long!

The fully equipped commercial kitchen in this restaurant for sale features a 16 foot exhaust hood. Under the hood sits four fryers, six-eye burner with stove, and double stacked convection oven. The refrigeration is commercial grade and plentiful. The front of house currently seats fifty guests, but can easily seat almost double that.The restaurant features seven large televisions, Yamaha stereo system, and an eight camera security system. The current concept is chicken wings, but the space can easily convert to most concepts and would be perfect for Chicken, Burger, Latin, or Smoothies. Due to landlord exclusions the following concepts will not be accepted - Italian/pizza, Mexican, Thai, Sandwich, or Coffer Shop.

The restaurant for sale presented by We Sell Restaurants is located in a very large and successful shopping center. The shopping center has 250,000 square feet of rental space and is anchored by a top performing grocery store, and three other large destination anchors that draw customers to the center on a daily basis. The center is across the street from a casino and an already approved real estate project that will bring in 1,000 residential units and 300,000 square feet of retail and office space. The shopping center has been recently remodeled with new landscaping, paint, parking lot resealed, re-striped, and a new roof. This shopping center sees over 35,000 customers each week. The five-mile radius around this space for lease has a population that is almost 400,000 with an average income of more than $70,000. Daytime employment is over 150,000 for the same area. This power center sees more than 105,000 cars pass by daily. The restaurant occupies 2,400 square feet and has a monthly rent of $4,500 including CAM and taxes.

Buy this restaurant for sale and avoid large costs for a new location. Experts tell you it will cost hundreds of dollars per square foot to build out a brand-new space, totaling hundreds of thousands of dollars. This is a rare opportunity to spend pennies on the dollar for what it can cost to build out this space in one of Broward County's premier community shopping centers.

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Property Features and Assets:

Equipment 4 brand new 40lb deep fryers 2 brand new Blodget half size convection ovens 1 Brand new 6 burner range Smart Belgian waffle maker Brand new 3 door sandwich station w drawer below 2 small under counter 1 door refrigerator Used 2 stainless Steel refrigerator New clover POS system 7 new flat screen T Vs 50 plus 8 channel camera system Brand new Yamaha 5 channel stereo system 2 compartment prep sink 3 compartment dish sink 2 hand wash sinks 2 stainless steel cabinets 3 stainless steel prep tables 16 hood Grease trap outside

Market Competition and Expansion:

Located in successful shopping center with four anchors that draw 35,000 customers to center per week. Across the street from Casino.

Reason for Selling:

Moving

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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