Established Intracoastal Waterfront Restaurant & Bar – MONEY MAKER South Florida

$5,500,000
Businesses For Sale
Property type: Restaurant and Bar

Description

NDA NEEDED — Link to document above.

Asking: $5.5 Million for Established Restaurant & Bar Business

17 years left on the lease

25+ Years Same Ownership

$6 Million Gross Sales / Year

$1.3 Million Ownership Compensation on the books

 

Contact the Agent

Athan “Tom” Prakas is a Delray Beach resident and owner of Prakas & Co, Inc., a commercial real estate brokerage company specializing in restaurant, hospitality and commercial properties, headquartered in Boca Raton. Through his years of experience and remarkable vision for the industry, Prakas and his company continually make restaurant and real estate headlines, not only in South Florida but nationally. Originally from Portsmouth, Ohio, Prakas grew up in Columbus and has 30 years’ experience in the restaurant, nightclub, and sports bar industry. He owned 27 popular establishments throughout Ohio, Georgia, and South Florida. “I knew I wanted to be in the industry after I vacationed in Fort Lauderdale for spring break during college, and I even modeled one of my first nightclubs in Columbus, Ohio, after a nightclub in Fort Lauderdale,” said Prakas. Prakas was recently selected by world-famous Chef Alan Susser to roll out Susser’s new full-service gourmet…