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  • RE:  Las Olas Restaurant For Sale - 4COP SFS LICENSE IN PLACE
  • Contact:  Not Disclosed
Owner Financing is Available!

Quick Facts

Asking Price: $695,000
Annual Revenue: $750,000
Net Profit: Not Disclosed
Cash Flow: $0
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $0
Year Established: Not Disclosed
Employees: 16
BBN Listing #: 983601
Broker Reference #: 17832

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Business Overview:

This Restaurant for Sale in located in the heart Las Olas Blvd. Located on the most popular street in Fort Lauderdale this restaurant has recently been remodeled and is ready for a new owner. The restaurant features the best lease on the Boulevard. 4COP SFS license can transfer! The Restaurant for Sale has recently been remodeled. Guests can enjoy dining in a relaxed atmosphere and can chose from cozy indoor seating, waterside under the stars dining, relax in the patio lounge or dine and mingle at the intimate bar. The restaurant has a 4COP SFS liquor license. This means the Liquor, beer, or wine can be offered. The current concept is Seafood and is chef-driven with local and seasonal offerings. Keep the current concept (with name change) or convert to your own. Contact We Sell Restaurants to start your path to ownership today!The Restaurant for Sale has a location that is one of a kind. Occupying 1,771 square feet indoors and 1,586 square feet outdoors with seating for 40 guests indoors and 85 outdoors. There is also a 300 square foot air-conditioned storage area. The rent is the best on Las Olas. The monthly rent is only $11,159! WHAT A DEAL. The lease expires on March 1, 2030, and there are two five-year options attached. Lock in the best deal in Fort Lauderdale until 2040! The Restaurant for Sale features a fully equipped commercial kitchen. The kitchen features a 15-foot exhaust hood, six-eye-burners with stoves, four eye-burner/flat top/ two oven combo unit, char-broilers, two fryers, convection oven, two ice machines, walk-in cooler, walk-in freezer and much more. The front of the house features state of the art POS systems, fully equipped bar, comfortable indoor and outdoor dining, and security cameras.The Las Olas business district is known as the heart and soul of Fort Lauderdale. The district is famous for its sidewalk cafés, boutiques, unique architecture, and swaying palm and olive trees. The Las Olas business district is home to more than 30 restaurants, 75 boutiques, 12 art galleries, historic hotels, and luxury home and yacht rentals. If you are looking for a location with high foot traffic and year-round business, this is the Broward County space for you. Fort Lauderdale receives more than 10 million tourists annually. The number of guests enjoying a stroll on the boulevard or an evening of dining out and entertainment has increased by 29% since 2017. The resident population in downtown Fort Lauderdale has increased by 31% in the same period. There have been numerous new hotels and high-rise residences constructed that have propelled the increase of business in the area. If you want your restaurant to be in the most desirable location in Broward County, this Restaurant for Sale is for you. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

OUTSIDE5 umbrellas17 two top tables33 chairs3 high top tables12 stools5 gray chairs4 heaters4 cushioned chairs2 love seatscoffee tabletelevisionINSIDE7 bar stools3 high top tables9 brown bar stools16 tables32 chairsTOAST POSspeed well with ice binglass washerkeg box with four tapsfood dehydratorrefrigerated cold table top unit2 ice machinesorange juicerespresso machinevacuum packerBUNN Frozen drink dispenser double2 glass door low boy coolerstelevisiondish machinelow boy coolerassorted pots and pans and utensils2 prep tablesconvection ovensix eye burner with ovenfour eye burner flat top 2 oven combo unittwo door pizza coolerchar broiler2 fryerstwo drawer sandwich coolerwalk in coolerwalk in freezer

Market Competition and Expansion:

Great location on most popular avenue in Fort Lauderdale. Best outdoor seating in the area.

Reason for Selling:

Other

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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