Live music Restaurant for Sale in Fort Lauderdale

Fort Lauderdale, FL
Broward County

Asking Price: Annual Revenue:
$175,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Live music Restaurant for Sale in Fort Lauderdale Broker: Ken Eisenband

Quick Facts

Asking Price: $175,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 7
BBN Listing #: 70758096
Broker Reference #: 8350

Email or Print Listing

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Business Overview:

Restaurant and Bar for Sale in Broward County, Florida with 4COP license, Fully Equipped Kitchen, and Live Entertainment is ready for a new owner.

The bar and restaurant occupy 2,640 square feet of space on a road that leads directly to the beach. The current concept has live entertainment nightly, dinner and catering menu, and full bar offering beer, wine, and liquor. The space is licensed for 150 guests, but current seating is for 80 guests. The location has high visibility from the road and neighboring businesses include high volume restaurants, retail, and service providers. A major regional hospital and office buildings are close by. The restaurant and Bar for Sale attracts customers from local businesses, offices, the hospital, residents, and tourists. The monthly rent of $7,495 includes all CAMS and taxes. The current lease expires on September 30, 2023, and there is a five-year option attached. Each year the rental increases are just 2%. The landlord will only accept a tenant with a credit score of 735 or higher.

We Sell Restaurants is offering this restaurant and Bar for Sale that has a stage set for live entertainment. The sound and lighting system is included in the sale. The full-service bar can seat up to 15 guest and the tables and high tops all have a view of the stage. The website advertises the upcoming acts, dinner and catering menus, special events and food specials. The exhaust hood in the kitchen is 16 feet in length and the grease trap is in the ground. Under the exhaust hood is all the equipment you will need. Salamander, six-eye burner with stove, char-broiler, flat top, convection oven, large 4-eye burner and much more. The refrigeration is commercial grade, and the storage is plentiful.

The menu has something for everyone. Small plates for those looking for a light bite while watching the show, salads, burgers, entrees such as crab cakes, salmon, lamb chops and more for customers looking for full dinners. The restaurant has a 4COP license, so liquor, beer and wine can be offered to guests. The restaurant and Bar for Sale is available for private parties and off-site catering is available.

The restaurant was opened in 2018 and was beginning to obtain a very good following until COVID 19 came along. Live entertainment venues suffered greatly, and this restaurant was no exception. Sales are picking up and hopefully will be back to the $60,000 per month volume that was achieved in the months just before the coronavirus shut down the business.

Need lending assistance? This listing, priced between $20,000 and $200,000 can be financed with our lending partners. If your credit score is 680 or above, contact the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved in the next 48 hours!

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Property Features and Assets:

9 High Top Tables 35 Bar Stools 13 Tables 46 Chairs Artifacts on Wall Sound lighting system Stage Wine Cooler Low Boy Cooler POS System Beverage Chiller Mug Chiller Dishwasher Behind Bar 2 Speed Wells 2 Utility Cart 3 Compartment Sink Dish Washer 4 Prep Table Ice Machine 900 Two door Stand up cooler Stand up Freezer Speed rack Salamander Six eye burner with stove Char Broiler Flat top 2 equipment stands Convection oven 4 Eye Burner with stove Pizza Cooler 3 door Microwave Heatlamp Standup cooler single door freezer chest ss shelving

Market Competition and Expansion:

Only Live Entertainment offered in vicinity, located just one mile from the beach.

Reason for Selling:

New Career

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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