FORT LAUDERDALE, Florida
| Asking Price |
$1,650,000 |
Year Established |
2006 |
|
| Annual Revenue |
$1,616,822 |
Reason for Selling |
Family Related |
|
| Annual P/L |
$0 |
Attention |
Joshua Sagman |
|
| Annual Cash Flow |
$285,735 |
Listing Number |
995710 |
|
| # of Employees |
11 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
This one is for the South Florida beach festival music lover. Within walking distance to the beach this 3,000 sq ft turnkey restaurant is the go-to spot for live music and street dancing. It comes with a coveted 4COP3ps liquor license valued at nearly a half million and a unique weekly event that the community truly gets behind. A multi-site hotel is planned in the area and will bring traffic/sales to the restaurant.
The seller has owned it for almost 20 years and is ready to move on to another phase of life. Management and staff will stay. Seller will assist a new seller.
Large menu has room for editing to improve food costs. Highly confidential. Buyer must show proof of funds prior to learning the name and location of the business.
Property Features and Assets:
<p>The property features a recently remodeled layout with updated bathrooms, new furniture, and a redesigned interior. An upgraded outdoor bar area enhances the overall flow and guest experience.<br></p>
Market Competition and Expansion:
<p>Located in a high-traffic area, the business stands out with a full liquor license, extended hours, and a strong combination of quality dining, live music, and nightlife. Its visibility, accessibility, and loyal customer base provide a competitive edge over traditional restaurants and single-purpose bars.<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