European / American Fully Equipped Restaurant/Lounge With Real Estate

Asking Price$1,975,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$550,000

Inventory$20,000
Not included in asking price
FF&E$250,000
Included in asking price
Real Estate$1,250,000
Included in asking price
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European / American Fully Equipped Restaurant/Lounge With Real Estate


Asking Price$1,975,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$550,000

Inventory$20,000
Not included in asking price
FF&E$250,000
Included in asking price
Real Estate$1,250,000
Included in asking price

Seller Financing Available
Business Description
FULLY RENOVATED RESTAURANT AND BAR, (10 YEARS AGO) WITH HIGH END FINISHES, FULL BAR INCLUDING LIQUOR, WINE AND BEER LICENSE (COMES WITH BUILDING AND LAND / PROPERTY). HIGH TRAFFIC AREA ON THE BEACH WITH LOCALS AND TOURISTS YEAR-ROUND. QUAINT YET ELEGANT STYLE, COULD BE SWITCHED TO A MORE CASUAL VIBE. BRING YOUR VISION TO LIFE.
About the Business
Years in Operation
45
Employees
15 (10 Full-time, 5 Part-time)
Facilities & Assets
FULLY EQUIPPED RESTAURANT AND BAR, WITH REAL ESTATE. TABLES, BOOTHS, CHAIRS, COOLERS, REFRIGERATORS, FREEZERS FULLY EQUIPPED KITCHEN AND RESTAURANT. COMPLETELY UP AND RUNNING. BEER, WINE AND LIQUOR LICENSE ACCOMPANY SALE. HOST SOCCER/ FUTBOL SHOWINGS, IT'S THE PERFECT SPOT. PARTIAL SELLER FINANCING AVAILABLE.
Market Outlook / Competition
CLOSE TO THE BEACH, A EUROPEAN/ AMERICAN RESTAURANT WITH AN OWNER LOOKING TO RETIRE. LARGE WITH INDOOR /OUTDOOR SEATING AND A WAITING AREA. WITH A EUROPEAN STYLE ATMOSPHERE, AND EMPLOYEES WILLING TO STAY ON WITH NEW OWNERSHIP. COULD REMAIN AS ELEGANT DINING, OR BE CONVERTED TO A CASUAL DINING SPOT. REAL ESTATE INCLUDED IN SALE PRICE. NOTHING LIKE THIS IN THE AREA.
Opportunities for Growth
WITH THE GROWING POPULARITY OF SOCCER (AS EVIDENCED BY THE WORLD CUP VIEWING AND IN PERSON ATTENDANCE), THIS IS A PERFECT LOCATION TO EXPAND ON THIS GROWING AUDIENCE. THE INTERNATIONAL VIBE, THE DECOR OF A EUROPEAN STYLE LOUNGE, BE THE FIRST FUTBOL MATCH VIEWING SPOT IN THE HEART OF FT LAUDERDALE. NOTHING LIKE IT IN THE AREA.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
6,500
About the Sale
Seller Motivation
RETIREMENT
Financing Options
WOULD CONSIDER PARTIAL FINANCING WITH RIGHT OFFER
Listing Info
ID
2500544
Listing Views
183

Listing ID: 2500544 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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