Kosher Restaurant for Sale in Hollywood, Fl -$189,000 in Yearly Profit

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$1,000,000 in revenue and rent at less than 8%!
Asking Price:
$425,000

Gross Revenue:
$1,092,000
Cash Flow:
$189,345
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Kosher Restaurant for Sale in Broward County. Has revenues in excess of $1,000,000 and sellers discretionary? income of $189,000. Rent at less than 8% of gross sales makes this a home run
Kosher Restaurant for sale in Broward County has been servicing the community for more than eight years. This eatery offers a diverse menu to attract guests for breakfast, lunch, dinner, and dessert. They are open seven days per week. Sunday through Thursday they are open from 8 am till 11 pm. On Friday they close at 3 pm and reopen after sundown on Saturday to observe the Sabbath. This restaurant for sale is also closed on all Jewish holidays. Gross sales are more than $1,000,000 with a seller's discretionary income in excess of $189,000.
The restaurant for sale is located in a very popular shopping center. Many Big Box retailers anchor the center that boasts of 900,000 square feet of retail space. Right next store to the plaza is an office park that is home to 140,000 square feet of office space. This helps drive the daytime population in the three-mile radius to 146,000 people. We Sell Restaurants is bringing you a fantastic opportunity in a phenomenal location! Great for lunch business.
The three-mile radius population is 115,000 residents with an average annual household income of $67,000. Construction across the street has begun on a
multi-use real estate project. This project includes a 300 room hotel, office buildings, a total of 1,000 residences, and retail space. This project will bring tourists and locals to the shopping center. This restaurant for sale also occupies 2,100 square feet of space and seats 52 guests inside with another 9 guests outside. The lease expires on July 30, 2021, and the landlord is open to extending terms.
The diverse menu offers standard breakfast items and Israeli favorites such as Shakshuka. Lunch items include sandwiches and wraps served on your choice of, choice of different breads and Ciabattas or Bagels. Salads are popular and there are more than 10 to choose from. Pasta dishes, fish, pizza and house specialties are also offered. A specialty is a sandwich prepared in a puff pastry. The restaurant also features a sushi bar and three frozen yogurt machines and a toppings bar. There is something for everybody at this Kosher Restaurant for sale.
The fully equipped commercial kitchen has it all. The exhaust hood is eight feet in length and the grease trap is in the ground. There is a walk-in cooler and walk-in freezer and all refrigeration is commercial grade. The kitchen equipment includes a six-eye burner, two fryers, and a convection oven

About the Business

Location:
Hollywood, Florida
Year Established:
2011
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
2,100
Rent:
$6,636.00 Per Month
Lease Expiration:
7/30/2021
Facilities:
3 Outdoor Tables 9 Outdoor Chairs 28 Tables 56 Chairs Sushi Cooler Heated Display Refrigerated Display 2 Small Cooler Microwave Tabletop Oven 2 Television Espresso Machine 3 Soup Wells 2 Vita Mix Blenders POS System Refrigerated Drop in for yogurt toppings 3 hotel pans Juicer 3 Frozen Yogurt Makers Three Compartment Sink SS Shelving Walk in Cooler Walk in freezer 2 Fryer Six Eye Burner with Stove Convection Oven Speed Rack Refrigerator Table Top Oven 2 2 door Sandwich Coolers Panini Press Food Processor Assorted Pots Pans Utensils 5 Highchairs Security System
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Online Reviews have been excellent The name recognition in town is very good
Growth & Expansion:
Brand new 102 acre mixed used center is under construction across the street This center will be home to more than 500 000 square feet of office space 600 residential units approval to build 1 000 and 300 room hotel
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About the Sale

Reason For Selling:
New Career
Training/Support:
The owner will provide 14 Calandar Days of training for no compensation

Listing Info

ID:
1623524
Ad Detail Views:
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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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