DANIA, Florida
| Asking Price |
$20,000 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
They need to focus on the other restaurants of the group. |
|
| Annual P/L |
$0 |
Attention |
Andy Fischer |
|
| Annual Cash Flow |
$0 |
Listing Number |
998654 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
For Sale: Fully Permitted Restaurant Location – Dania Beach, FL
Prime opportunity to acquire a fully permitted and designed restaurant space, originally intended for an Italian pizza concept but adaptable to any cuisine. The space offers 2,740 sq. ft. in the commercial area of a new building, strategically located near the Ft. Lauderdale airport along a busy highway surrounded by hotels, apartments, and new developments. The long-term lease runs through February 2036 with two additional 5-year renewal options, ensuring stability for a new operator. The seller, who owns several other restaurants, chose not to continue with this project and is offering it at a price set to recoup the investment. Adding to the value, the landlord is providing a generous $189,000 buildout allowance, making this a turnkey opportunity for an experienced restaurateur or investor to bring their own concept to life in a high-growth market.
Property Features and Assets:
<div><li><p>Square Footage: 2,674 sq. ft.</p></li><li><p>Monthly Rent: ~$8,900 plus taxes and CAM</p></li><li><p>Lease Expiration: February 2036</p></li><li><p>Renewal Options: Two additional 5-year terms (10 years total)</p><p><br></p><p>Assets = $189,000</p></li></div>
Market Competition and Expansion:
<p>The location is surrounded by numerous new residential developments and is just minutes from the beach, making it highly attractive. The area also features a strong mix of established restaurants, enhancing its appeal as a dining destination.<br></p><p>Given the growing residential development, strong traffic volumes, good income levels, and the strategic location near major corridors (airport, hotels, beaches), a well-positioned restaurant is well poised to do well. The strongest upside will come from offering a concept that appeals to both locals (families, residents in the new apartments) and visitors (travelers, tourists).<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity