NOT DISCLOSED, Florida
| Asking Price |
$899,000 |
Year Established |
2006 |
|
| Annual Revenue |
$3,264,959 |
Reason for Selling |
Retirement from Industry |
|
| Annual P/L |
$0 |
Attention |
THOMAS MILANA |
|
| Annual Cash Flow |
$230,598 |
Listing Number |
1005210 |
|
| # of Employees |
12 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Institutional-quality waterfront restaurant located in one of Fort Lauderdale’s most desirable dining corridors, this owner-absentee operation is supported by experienced professional management and a centralized kitchen designed for efficiency and scalability. Averaging $3.4 million in annual revenue over the past three years, the business benefits from scarce waterfront inventory, strong local demographics, and year-round tourism. The restaurant offers rare indoor and outdoor waterfront seating, a long-term lease with renewal options, and a strategic location appealing to both locals and tourists. Meaningful upside exists through a rapidly growing take-out and delivery channel, expanded hours, catering and private events, and focused local and digital marketing, all with minimal incremental overhead. This opportunity is intended solely for experienced industry operators and cash buyers seeking a proven waterfront platform with multiple growth levers. Please refer to listing number 0101-926888, business broker Tom Milana, when inquiring about this listing.
Property Features and Assets:
<p>Lease/Month: 8700 Square Footage: 1330 Building Type: Restaurant Terms & Options: Multiple 5-year options Expiration Date: 12/31/2027<br></p>
Market Competition and Expansion:
<p>Non Compete : Miles: 25 Years: 3<br></p>
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