Florida Restaurant With $1.,287,092 In Sales
Hollywood, FL Broward County
Seller's Contact Information
- RE: Florida Restaurant With $1.,287,092 In Sales
- Contact: Ken Eisenband
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $1,287,392 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $129,163 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 19 | |
| BBN Listing #: | 53678096 | |
| Broker Reference #: | 8272 |
Business Overview:
Restaurant for Sale in Broward County, Florida. Annual Sales of more than $1,287,092nets $125,000 to owner. Located in great plaza with great equipment package. This restaurant can convert to almost any concept. This restaurant for sale is in Pembroke Pines, Florida. Pembroke Pines is the 2nd largest city in Broward County. 147,003 residents live in a three-mile radius of the restaurant with an average household income of $80,000. The restaurant is in a busy shopping center that is home to franchised and independent restaurants, retail shops and service providers. The corner that this center sits on is a hub of activity for the area. More than 75,000 vehicles pass by daily. The restaurant occupies 1,650 square feet of space and seats 48 guests in the nicely decorated dining room. The current lease expires in June of 2023 and there is a five-year option attached. The monthly rent is a very reasonable $8,174 per month including all CAMS and taxes. In 2022 the restaurant had sales of $1,27,092 and netted $129,164. In 2021, Sales were in excess of $2,000,000 and the owner netted $220,000.The restaurant is absentee run and could benefit from an owner operator. The equipment package will allow you to convert the space to any concept, barring duplication with another restaurant in center. The restaurant features and exhaust hood that is 21 feet in length. The equipment under the hood includes two six eye burners with ovens, two eye burner, two fryers, salamander, walk-in cooler and freezer, ice machine, commercial refrigeration, and complete package of smallwares. This is a turnkey restaurant that is currently operating with sale in excess of $1,300,000 annually. This Restaurant for Sale had its beginnings with a licensing agreement. Other locations are present in California, Florida, and South Caroline. A new owner will have no royalties due to the licensing company. A one time fee of $15,000 will be due to continue the agreement. The restaurant is open seven days per week, only for dinner. Add lunch for additional sales and profits. The restaurant has a 2COP beer and wine license. The menu has a Cajun flair. The menu consists of all types of shellfish - crawfish, crabs, clams, mussels, oysters, and lobster. Shrimp, catfish, and other items are also available to guests. The menu and recipes will transfer with sale and the seller will provide two weeks of training at no cost. This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers' Discretionary Earnings (SDE). It has been listed based on the strictest industry standards The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
8 tables 48 chairs 2 televisions neon sign utility cart 2 high chairs low boy cooler 2 fryers 2 six eye burners with stove single door sandwich cooler salamander walk in cooler two door sandwich cooler two door stand up cooler prep table with two shelves two eye burner ice machine assorted pots pans, smallwaress, utensils
Market Competition and Expansion:
Located in densely populated Pembroke Pines with 400,000 residents in a five mile radius. New homes are sprouting up and people are moving to area and state due to low taxes and states favorable attitude toward small business.
Reason for Selling:
New Career.
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
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: $275,000Restaurant and Bar for sale at Dale Hallow Lake
Awesome income potential. Nestled in between two marinas on Dale hallow lake turn key restaurant and bar with 2 bedroom 2 bath down stairs. Building comes with everything you need to start conducting business upon closing. Building is being sold for appraisal value restaurant equipment is a bonus. Don't let this opportunity of a lifetime pass you by.
Asking Price: $192,000Restaurant Business Opportunity
Business Opportunity!! Established and loved restaurant in Wavland, MS … owners has another business opportunity to be apart of in New Orleans … so this is your chance to walk into an established and well working business. They have until the end of April to decide. If no one takes advantage of this opportunity then they will carry on with the business here.
Asking Price: $1,200,000Waterfront Restaurant
Turn key operation, great for many concepts.Outdoor bar and boat slips for guests visiting on boat.
Asking Price: $750,000Commercial Hood Cleaning
This business is not a luxury but a necessity for the insurance and fire departments. We clean hundreds of restaurants and more calling everyday established is 1982 and more successful than ever!
Asking Price: $8,000,000Wisconsin Club, Tavern, Food Establishment
Long established business in a tourist Meca located in a thriving Midwest state. Property was built from the ground up and includes a espansive kitchen, dining area, and dance floor. At night, the club DJ is rocking all the tunes of the times complete with its epoxy dance floor and three full bars. Not to worry though as the Sunday Game Day is also great with the numerous TV's located around the property.
Asking Price: $2,500,00011 Subway restaurant group
Superbly well located, group of 11 restaurants of the largest national franchise fast food retail store (Subway), Fast food concept, with over 5 years of continuous operation. Great growth perspectives as many other units can be added.
Asking Price: $60,000My new Listing
bnvgfkuyfky
Asking Price: $645,000Money Making Butcher Shop, Restaurant & Grocery...
Phenomenal 3 facet business complete with grocery store, restaurant & butcher shop, fully operational and profitable, very established in high traffic area.
Asking Price: $195,000Profitable, well established, great visibility!
Well established business grossing over $420,000.00 annually with secure lease for new owner
Asking Price: $500,000Italian Family Restaurant #816
Established over 25 years ago, this family restaurant is in a high traffic area and has an excellent reputation for Italian food. It is centrally located near a major university and could be easily reconfigured into a sports bar, a proven winning formula for making money. For more information, contact Brian Jones using reply to this ad button.
Asking Price: $185,000Trendy Korean Restaurant
Trendy Korean sit down and take out restaurant with a unique Asian Fusion flare. 2024 modern time feel with kiosk, TV's and franchise aura. Immaculately kept, brand new look from store front to back kitchen.
