Business For Sale

Waterfront gastropub restaurant for sale in South

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$900,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Waterfront gastropub restaurant for sale in South Broker: Ken Eisenband

Quick Facts

Asking Price: $900,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 30
BBN Listing #: 14558096
Broker Reference #: 5856

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Business Overview:

Bar and restaurant for sale on the waterfront in south Florida features massive outdoor patio bar as well as interior dining. Two restaurant spaces included in sale - utilize the second space or rent it out!

This restaurant for sale has been servicing the locals and tourists since 2006. Located on the water, your guests can watch the luxurious yachts pass by while they dine outside on the patio that holds up to 150 guests. Inside, there is a wraparound bar where 30 guests can be entertained, or they can dine at one of the 25 tables that seat more than 80 guests. Guests can come by land or sea to this location.

The lease on this business offered by the restaurant brokers includes two restaurant spaces and the massive outside patio. The main space is 6,000 square feet with a fully equipped commercial kitchen. The second space is 2,000 square feet that has been built out as a bar, but has the space and has been approved to have a kitchen. The outside patio is 2,000 square feet in size. A blueprint of secondary space with proposed kitchen is available. The total rent for more than 10,000 square feet of waterfront restaurant space is $29,000 per month. The lease will allow you to sublet the second restaurant or you can choose to utilize the space yourself. Market rent for the secondary space would be $13,000 a month in gross rent.

The restaurant for sale is currently using only the primary restaurant space and massive patio. The space is decorated with nautical artifacts, which are not included in the sale. There are plenty of big screen televisions on the outdoor patio, and each night live entertainment is featured.
The restaurant for sale features a 4COP liquor license and therefore offers an exciting collection of cocktails at both the indoor and outdoor bars. Twenty-four tap beers are offered with many more available in the bottle. The food menu is extensive offering seafood, steaks, wraps, salads, and much more. This is a gastropub and the food is of higher quality than the normal neighborhood bar.

The fully equipped commercial kitchen in this restaurant for sale is equipped to handle high volume. The hood is 15 feet in length, there is a walk-in cooler, freezer, and walk-in just for kegs that can hold over 100 kegs. The kitchen equipment includes two six eye burners, two salamanders, convection steamers, convection oven, char-broiler, and much more. All refrigeration in commercial and storage areas for liquor, beer, and wine are secure.

The owner of this establishment is looking to retire. All recipes will transfer with sale and two weeks of training will be offered at no cost.

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:

Three hotel pan Bain Marie, 2 single door sandwich coolers. 3 two door low boy coolers. table top steamer, 2 microwaves, 3 fryers, refrigerated equipment stand, char-broiler, 2 six eye burner with stove, 2 salamander, 15 foot exhaust hood, candy stock pot burner, 2 convection steamer, steam oven, convection oven, 10 foot venting hood, three compartment sink, 3 prep tables, slicer, speed rack, s/s shelving. 2 two door sandwich coolers, two glass door low boy cooler, espresso machine, table top steamer, POS system with printers, 20 tables, 4 high top tables, 50 bar stools, 37 chairs, wrap around cushion bench seating, 12 televisions of various sizes, ice machine, walk on cooler, walk-in freezer, walk-in keg box with storage for over 100 kegs, 7 mug chillers, 3 speed wells, glass washer, 24 beer tabs, 2 blenders, 5 large televisions. 3 mug chillers, glass washer, 2 speed wells, 16 round tables, 2 long tables, 80 stools, 12 bar stools, 21 square tables, 60 chairs, 3 high chairs, outdoor walk-in cooler, office, 26 wood chairs, 28 banquet chairs, 14 tables, music system

Market Competition and Expansion:

Hotels, Condos, Retail, Restaurants.

Reason for Selling:

Relocation

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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