Seller's Contact Information
- RE: Restaurant In Downtown Hollywood For Sale
- Contact: Andy Fischer
Quick Facts
Asking Price: | $90,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $57,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 1 | |
BBN Listing #: | 78764955 | |
Broker Reference #: | 1040-17490 |
Business Overview:
Restaurant located in the heart of downtown Hollywood, excellent location with plenty of parking in the area. A lot of new construction in the area that will attract more customers to the businesses. The place has a beautiful set up, it was recently renovated. The concept is not included, however it can be negotiated separately in case Buyer wants to keep it. The place is permitted for 42 seats inside and 12 outside. Beer and wine license in place. There is a grease trap, there is no hood. Ideal place to start a restaurant for someone with a new concept.
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Property Features and Assets:
Great location in the heart of downtown Hollywood. Several offices, close to residential area, busy nightlife in the area. Lease expires on April 30, 2025 and there is one option to renew for 5 more years. The space is 1,894 square feet. Assets = $162,500.
Market Competition and Expansion:
This is an area where there are several restaurants and people come to eat. Location is excellent and the set up of the restaurant is great. Excellent growth opportunities with the right concept.
Reason for Selling:
Dedicate to another business.
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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