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Legendary Restaurant And Bar In Fort Lauderdale Area For Sale

Fort Lauderdale, Florida, US
Asking Price:
$395,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,000,000 (USD)
Cash Flow:
Available on request

Legendary Restaurant/bar In Fort Lauderdale Area For Sale
$395,000 buys you a cafe/bar so very well-known that most everyone in the area has been there at one time or another over the last fifty years. Featuring beer, wine and liquor, a large dog-friendly patio, a full kitchen, and 24-hour operations Thursday through Sunday. Owner-managed for the last ten+ years by talented and respected operators, who, along with friendly long-term staff, pride themselves on good service and quality food.

Very Motivated Seller.

Property Information

Real Estate:

Lease

Lease Terms:

$4,500 total per month, expires December 31, 2020, with an option to renew for an additional five years

Leasehold Rent:

$54,000 (USD) per annum

Location:

Trendy neighborhood, loyal clientele, busy main street with high visibility.

Premises Details:

Large restaurant area, full kitchen, full bar (wine, beer and liquor), large newly renovated patio, street parking, also catering and private parties.

Size in square feet:
2,800

Business Operation

Reasons for selling:

Other business interests

Trading hours:

24 hours Thursday through Sunday

Employees:
10
Years established:
10+

Other Information

Support & training:

Potentially available

Financing available:

Potentially, for well qualified buyers

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price
Related Documents:

Contact Information

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