Freestanding Restaurant with Real Estate

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$1,150,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Freestanding Restaurant with Real Estate Broker: Randy Bring
License #: SL687673
Owner Financing is Available!
SBA= $1,035,000 @ 5.5% for 300 months= $6,355.81/month

Quick Facts

Asking Price: $1,150,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: $1,150,000
Year Established: 1974
Employees: 15
BBN Listing #: 8653630
Broker Reference #: 0101959845

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Business Overview:

10% down buys it! Owner's retirement creates this rare opportunity to acquire a free-standing restaurant building on highly trafficked N.-S. Broward County corridor. Fantastic exposure w/marquis sign & 33 dedicated parking spaces. Structure is 4,066 SF, lot size 19,249 SF. Currently operating as a successful Italian concept, the building features large working kitchen, walk-in coolers & freezers. Seating in current configuration for 175 w/table & booth layout. Two, 10-ton AC units, 15-year-old roof was re-coated 2 years ago. Building is ideal for any sit-down dining concept; Diner, Asian, Mexican, BBQ, etc. Own this property for much less than what you would pay in rent assuming 10% down, 25-year mortgage @5.50% is $6,356 a month! Zoned B-3- General Business District. This offering is for the land and building only. Seller will negotiate separate agreement if Buyer wants to keep current name/concept (SEE LISTING #164-921015). Contact listing Broker for full demographic/census package. Please refer to listing #0101959845 & ask for Randy Bring when inquiring.

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Property Features and Assets:

Structure is 4,066 Square Feet, lot size 19,249 Square Feet.

Market Competition and Expansion:

Unknown/unlimited

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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