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Restaurant Space For Sale
Location: United States -> Florida -> Fort Lauderdale
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

The Restaurant space for Sale is 7,200 square feet with another 2,000 square feet of usable outdoor space. The location affords easy access and has a public parking garage with 2,000 spots. The owner of this space has invested over $1,200,000 to date in the build-out of this restaurant space. The space has combined seating of approximately 350 guests, for dining on the terrace, cocktails in the lounge area, and special functions on the mezzanine that overlooks the first floor. The water taxi has a stop directly in front of this location. The restaurant space for sale will be delivered in Vanilla Box condition. The space is ready for owner dddĂcor, finishes, and furnishings. All kitchen exhaust hoods are installed, as is grease trap and 35 TON HVAC. Estimated cost to finish this space is $500,000 - $750,000.

This Restaurant space for Sale by the Restaurant Brokers is located in Ft Lauderdale on the New River in downtown Ft Lauderdale. Thousands of residents and office workers are in walking distance. The building has a 2,000 spot parking garage directly adjacent. The space is located in the Las Olas business district and within walking distance of thousands of residents and office workers. The location has been developed to accommodate many different restaurant concepts and is very adaptable to the current market.Please feel free to contact your Certified Restaurant Broker, Ken Eisenband at (561)350-3365.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2016
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  N/A
Reason For Selling:  Relocation

Photos

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Restaurant Space For Sale Photo 1




Print Listing Id: 700283588
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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