$2,975,000
3,500 sq ft
EBITDA: 800,000
Broward County – Beachside Italian Restaurant & Bar — 47 Years Same Owners
Broward County
Restaurants For Sale
Overview

Prakas & Co is proud to announce our newest Restaurant & Bar listing. Located within walking distance to one of the busiest South Florida beaches around.

Qualified buyers must disclose their full information by signing our standard nondisclosure agreement that protects the vital staff in place of this restaurant operation. 

 

Nonstop foot traffic for this valuable restaurant location.

 

This is a well-known and established business/family operated and owned for 47 years & still going strong.

 

Ownership grosses over $3,000,000 in 2021 sale. Netting over $800k on the books.

3,574+/- SF under sir + large covered patio seating area.

 

Rent is $15,000 / month GROSS

 

Lease: 2 years left on current lease term with (1) Five-year option by the tenant to exercise.

 

Asking $2,975,000 or best offer.

Price includes – Name, goodwill, business, FF&E, LEASE, LOCATION

 

Specifications
Size: 3,500 sq ft
Zoning: Restaurant Use
Concept Exclusion: Mexican, Ice Cream
Lease Term: 7
Years In Business: 47
EBITDA: 800,000
Infrastructure Included: Yes
Photos

Location

Attachments

Athan “Tom” Prakas

Restaurant Consultant

Mobile: (561) 929-0111
Office: (561) 368-0003
Email: tom@prakascompany.com

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Broward County - Beachside Italian Restaurant & Bar -- 47 Years Same Owners