Restaurant For Sale On Las Olas Boulevard
Fort Lauderdale, FL Broward County
Seller's Contact Information
- RE: Restaurant For Sale On Las Olas Boulevard
- Contact: Ken Eisenband
Quick Facts
| Asking Price: | $599,000 | |
| Annual Revenue: | $820,860 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,936 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 12 | |
| BBN Listing #: | 64028096 | |
| Broker Reference #: | 9665 |
Business Overview:
This Restaurant for Sale in located in the heart Las Olas Blvd. Located on the most popular street in Fort Lauderdale this restaurant has recently been remodeled and is ready for a new owner. The restaurant features the best lease on the Boulevard. 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 restaurant to be in the most desirable location in Broward County, this Restaurant for Sale is for you. The Restaurant for Sale has recently been remodeled. Guests can enjoy dining in a relaxed atmosphere and can chose from cozy indoor seating, waterside under the stars, relax in the patio lounge or dine and mingle at the intimate bar. Contact We Sell Restaurants to start your path to ownership today! The Restaurant for Sale has a location that is one of a kind. Occupying 1,771 square feet indoors and 1,586 square feet outdoors with seating for 42 guests indoors and more than 100 outdoors. There is also a 300 square foot air-conditioned storage area. The rent is the best on Las Olas. The monthly rent is only $10,013! WHAT A DEAL. The lease expires on March 1, 2030, and there are two five-year options attached. Lock in the best deal in Fort Lauderdale until 2040! The Restaurant for Sale features a fully equipped commercial kitchen. The kitchen features a 15-foot exhaust hood, wok cookers, six-eye-burners with stoves, char-broilers, fryers, stock pot ranges, ice machines, commercial refrigeration and freezers, and much more. The front of the house features state of the art POS systems and security cameras. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
3 Two-door beer cooler 1 Three-door low boy cooler 1 - Ice machine 1 - Table top steamer 1 - Rice warmer 1 Food warmer with heating lamp 1 Dish washing Unit 1 Dish drying station 1 - Bar glass washer 1 - Three compartment sink 5 Stainless steel shelving 2 - Prep tables 1 Two burner wok station 1 - Six eye burner with stove 1 - Char broiler 1 - Fryer 2 - Meat grinders 1 - 12 foot exhaust hood 1 - Two door sandwich cooler 1 - Microwaves 1 - Walk in cooler with shelving system 1 - Walk in freezer with shelving system 1 Custom Hostess stand 1 Three-door glass low boy cooler 1 - POS system 5 iPads FURNITURES -Indoor Dining Tables -Indoor Dining Chairs -High Top Bar leather bar stools -Outdoor tables -Outdoor chairs -Outdoor lounge egg chairs -Outdoor lounge couches -Outdoor lounge chairs -Outdoor tables -Outdoor side tables -large round planters -Outdoor heaters -Utility cart KITCHENWARE -Pots -Pans -Utensils -Small wares -Dinner plates saucers serving dishes bowls platters amp cutlery -Crafted cocktail glassware custom drink smokers -Custom built in wine rack and bar shelves -Dining room chandeliers -Office desk -Printer -Filing cabinet -2 phones iPad and music amplifier Security camera system Keyless kitchen door lock system and access storage room shelves
Reason for Selling:
Other
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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