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Franchise Restaurant For Sale
Location: United States -> Florida -> Fort Lauderdale
Industry: Franchises > Food and Beverages




Business Summary

Franchise Restaurant for Sale in booming Ft. Lauderdale is just minutes from the beach and located in one of South Florida's trendiest areas. This franchise casual theme restaurant is located in one of Ft. Lauderdale's trendiest spots. This community has undergone a rebirth from neglected warehouses and residential buildings with an urban renewal that has included high rise luxury rentals and condo buildings, a growing arts district and influx of restaurants. Situated minutes from the beach, airport and I-95 this location is attracting the best and the brightest to live, work and play.

The franchise restaurant for sale offered by the restaurant brokers grossed $2,700,000 in sales in its first full year of business with more than $330,000 in owner's benefits. A dispute between partners is forcing the sale.Their loss is your gain. The sellers are offering financing for qualified candidates that will require a minimum of 25% down. No expense was spared in the build-out of this 5,484 square foot franchise restaurant for sale that can seat 150 guests in the dining room, 15 guests at the bar and 100 guests on its outdoor bar and patio. The brand currently has 200 locations throughout the United States with each location decorating its facility with a unique theme.

The artifacts and artwork that provide the unique atmosphere of the restaurant include wall hangings, ceiling hangings and sculptures that are all included in the sale. The current lease expires in 2025 and three five year options are attached. The current monthly rent is $25,000 and that includes all taxes and CAM. The restaurant has a 4COP SRX license which means it can offer Liquor, Beer and Wine to its guests.The restaurant has an indoor bar area and a very popular outdoor patio and bar. This is a very desirable and profitable mix of food to bar sales.

For more information Contact Ken Eisennband 561 350 3365.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,772,501
Cash Flow:   $351,775
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2015
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train for two weeks at no additional cost, franchisor training
Reason For Selling:  Other

Photos

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Franchise Restaurant For Sale Photo 1




Print Listing Id: 700279579
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

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



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