TURN-KEY Upscale Lounge/ Restaurant equipped /Las Olas

Contact Seller
Inc: 4COP Liquor license ,Las Olas Lounge Turn Key Fort Lauderdale , Florida
Asking Price:
$799,000

Gross Revenue:
$600,000
Cash Flow:
$250,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
included in asking price

FF&E:
$225,000
included in asking price

Share this business:

Business Description

Historic Downtown Fort Lauderdale New Operating Bar/ Restaurant for SALE..
Fully Licensed w / Food service licenses. 4COP & Late Liquor Licenses. 2 Separate connecting rooms..Completely custom buildout done within a year. 4K sq ft, Large sidewalk cafe, Amazing Location, Authentic custom wood décor .Rooms feature vaulted stamped tin ceilings and eclectic furnishings. Beautiful wood and leather furnishings and speciality sliding doors allow rooms to connect and overflow. ONLY Venue in Florida with new PIONEER XY system. Stable cash flow from multi-faceted operations. Extensive equipment list. All areas easily accessed from main kitchen. Strong staff and great landlord .Great upside to income.. Walkers paradise…Turn Key oppurtunity!!

About the Business

Year Established:
2017
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Amount/Mo.:
$8,500.00
Facilities:
4COP & late Hard Liquor license, FULL kitchen, All furnishings Inc.
Pioneer XY system / Dj booth/ 2 Full bars
Market Outlook/
Competition:
High traffic downtown entertainment & residential/ business district..Significant luxury development both in residential and hospitality... Located in the crown jewel of Fort lauderdale,
known as Las Olas
Growth & Expansion:
Fort Lauderdale's retail market is thriving with over 2.6 Million SQ Ft of commercial real estate completed, under construction or approved since 2012..Fort lauderdale jumped to the top 10 in US markets to watch in 1st Quarter 2018. Fort Lauderdale offers relative value compared to Miami.
Contact the Seller

About the Sale

Reason For Selling:
pursuit of other interests
Training/Support:
Owner will stay on and assist if needed

Listing Info

ID:
1392379
Ad Detail Views:
1013

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Tiffany Kokolis 305-924-4686

JC Realty
License# SL3204487

 Show Phone Number

View My Active Listings
U.S. Census Data for Broward County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Broward County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.
;