Asking Price: $199,000 Gross Revenue: $409,420Cash Flow: $96,782 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Fort Lauderdale, Florida
Number of Employees:
Building Sq. Ft.:
$7,766.00 Per Month
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
Tapas and Wine Bar for sale -Downtown Fort Lauderdale - Seller Financi
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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
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