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- RE: Las Olas Bar For Sale $120k- 4COP SFS- Seller Financing!!
- Contact: Roberta Lowe
Quick Facts
Asking Price: | $120,000 | |
Annual Revenue: | $45,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2024 | |
Employees: | 3 | |
BBN Listing #: | 991196 | |
Broker Reference #: | 24259 |
Business Overview:
Best deal on Las Olas Boulevard! SELLER FINANCING- MOTIVATED SELLERS! If yu want to be in the bar business in Fort Luaderdale, this could be the ideal location for you.This Bar Business for Sale has recently been remodeled. Guests can enjoy dining in a relaxed atmosphere and can choose from cozy indoor lounge or dine and mingle at the intimate bar. The restaurant has a 4COP SFS liquor license and hookah license. The current bar for sale concept has live entertainment, themed nights, and chef-driven Sunday Brunch. Grandfathered into the lease is nightlife clause that allows the bar to stay open until 4am. Keep the current concept or convert to your own. Contact We Sell Restaurants to start your path to ownership today!
This Restaurant and Bar Business for Sale has a location that is one of a kind. Occupying 3,200 square feet indoors with seating for 120 guests indoors and 18 outdoors. There are two additional rooms that can be used as private space or combined to expand dining area. The rent is the best on Las Olas. The monthly rent is only $16,400! WHAT A DEAL. The lease expires on August 10, 2029, and there are three five-year options attached. Lock in the best deal in Fort Lauderdale until 2044!
The Bar for Sale, offered by We Sell Restaurants, features an all new equipped commercial kitchen. The kitchen features a 14-foot exhaust hood, small char-griddle, two convection oven, two countertop pizza ovens, four induction burners, ice machine, stand up two door cooler, stand up one door freezer and much more. The front of the house features state of the art POS systems, fully equipped bar, comfortable indoor and outdoor dining, and security cameras.
The Las Olas business district is known as the heart and soul of Fort Lauderdale. The district is famous for its sidewalk cafés, boutiques, unique architecture, and swaying palm and olive trees. The Las Olas business district is home to more than 30 restaurants, 75 boutiques, 12 art galleries, historic hotels, and luxury home and yacht rentals. If you are looking for a location with high foot traffic and year-round business, this is the Broward County space for you. Fort Lauderdale receives more than 10 million tourists annually. The number of guests enjoying a stroll on the boulevard or an evening of dining out and entertainment has increased by 29% since 2017. The resident population in downtown Fort Lauderdale has increased by 31% in the same period. There have been numerous new hotels and high-rise residences constructed that have propelled the increase of business in the area.
If you want your bar to be in the most desirable location in Broward County, this Restaurant and Bar for Sale is for you. Owners opened the business Winter 2024 but now they are looking to move out of state. This is an asset sale that includes the business name, phone, and website. Proof of funds for $25,000 is required to access the full details of this listing. Great opportunity for a new owner who can take this gem and turn it into another successful Las Olas restaurant and bar.
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Property Features and Assets:
High tables- 17Highchairs- 45
Sofas- 8
Accent chairs- 16
Coffee table- 8
Custom bar- 1
Host stand- 1
Chandeliers - 4
Large wall paints - 3
Swing- 1
Hookah pipes- 30
Small griddle - 1
Induction burners - 4
Ice machine ? 1
Three door low boy cooler - 1
Double door stand up refrigerator -1
Single door stand up freezer - 1
14in Exhaust hood - 1
Three compartment sink - 1
Rice cooker - 1
Microwave - 1
Pizza ovens - 2
Double door ovens with stands- 2
Assortment of cookware
Assortment of dinnerware
Assortment of bar glassware
Assortment of kitchen smallware
Assortment of pots and pans
Assortment of mixing bowls
POS System Clover
Security System
Market Competition and Expansion:
Great location on most popular avenue in Fort Lauderdale.Reason for Selling:
OtherAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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