Tapas and Wine Bar for sale -Downtown Fort Lauderdale - Seller Financi

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Asking Price:
$199,000

Gross Revenue:
$409,420
Cash Flow:
$96,782
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Great opportunity to own this vibrant Wine and Tapas Bar for Sale in the heart of Downtown Fort Lauderdale, Florida. Seller financing is available. Restaurant should easily qualify for E-2 Business Visa.
This Wine and Tapas Bar for sale was established in 2017 and became instantly popular on fashionable Las Olas Blvd. The Google and Yelp reviews speak for themselves. Family circumstances are prompting this sale. The Owners are willing to offer significant financing assistance to a qualified buyer. Bring your offers to We Sell Restaurants today!
The build-out in this 1,100 square foot Tapas and Wine Bar for Sale is upscale and contemporary with seating for up to 50 guests in the dining room and at the bar. There's also an outdoor seating area for up to 12 guests. Perfect for leisurely afternoons enjoying good food and drink with friends and loved ones. Things get a little more lively in the evenings when live music is regularly featured.
Prime location on Las Olas Boulevard in the heart of Fort Lauderdale, Florida is at the forefront of everything from fashion boutiques and art galleries to restaurants, sidewalk cafes and bars. Over the years it has become the hub for both locals and visitors alike.
The menu is a creative mix of tapas...a fusion of Latin and American flavors. The operation of the business is such that food and labor costs can easily be kept sigfificantly lower than an average restaurant. In addition to the extensive wine list, local and craft beers are also featured on tap. A 2COP wine and beer license is included in the sale of this business. There's plenty of street parking available in the area and a large metered lot directly behind the business. The Sellers are a husband and wife who are owner/operators.
This business is a good investment opportunity for Buyers looking to secure an E-2 Visa.

About the Business

Location:
Fort Lauderdale, Florida
Year Established:
2017
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,100
Rent:
$7,766.00 Per Month
Lease Expiration:
7/1/2021
Facilities:
True stainless two door refrigerator Spartan stainless freezer dishwasher lease drop freezer three compartment sink Sir Lawrence hot plate handwash sink Royal convection oven tables chairs barstools glassware flatware silverware barware etc pots pans etc Fagor three door beverage cooler Micro Matic kegerator small ice maker two door cooler bar two wine refrigerators flatscreen tv computer POS system sound system security system
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Las Olas Boulevard in the heart of Fort Lauderdale FL is at the forefront of everything from fashion boutiques and art galleries to restaurants sidewalk cafes and bars
Growth & Expansion:
Future job growth in Fort Lauderdale over the next ten years is expected to be 38 3
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About the Sale

Reason For Selling:
Relocation
Training/Support:
2 Weeks

Listing Info

ID:
1580827
Ad Detail Views:
0

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Business Listed by

Robert Morrison

We Sell Restaurants
License# SL332365

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View My 18 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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