Restaurant For Sale
www.GlobalBX.com
Listing ID:
700307812
Listing Title:
Restaurant For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=307812
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Florida
Area
City:
Broward County
Asking Price Range:
$500K - $1.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2006
Number of Employees:
20 - 34
Business Description:
This restaurant for sale has been servicing the locals and tourists since 2006. Located on the water, your guests can watch the luxurious yachts pass by while they dine outside on the patio that holds up to 150 guests. Inside, there is a wraparound bar where 30 guests can be entertained, or they can dine at one of the 25 tables that seat more than 80 guests. Guests can come by land or sea to this location.
The lease on this business offered by the restaurant brokers includes two restaurant spaces and the massive outside patio. The main space is 6,000 square feet with a fully equipped commercial kitchen. The second space is 2,000 square feet that has been built out as a bar, but has the space and has been approved to have a kitchen. The outside patio is 2,000 square feet in size. A blueprint of secondary space with proposed kitchen is available. The total rent for more than 10,000 square feet of waterfront restaurant space is $29,000 per month. The lease will allow you to sublet the second restaurant or you can choose to utilize the space yourself. Market rent for the secondary space would be $13,000 a month in gross rent.
The restaurant for sale is currently using only the primary restaurant space and massive patio. The space is decorated with nautical artifacts, which are not included in the sale. There are plenty of big screen televisions on the outdoor patio, and each night live entertainment is featured.
The restaurant for sale features a 4COP liquor license and therefore offers an exciting collection of cocktails at both the indoor and outdoor bars. Twenty-four tap beers are offered with many more available in the bottle. The food menu is extensive offering seafood, steaks, wraps, salads, and much more. For more information, contact Ken Eisenband at 561-350-3365. Proof of funds in the amount of $500,000 is required before name and address can be provided.
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