- Restaurants For Sale
Description
Type of Business: Bar, Restaurant, Event Venue
Square Feet: Approximately 6,000 SF
Submarket: Fort Lauderdale
Usage: The property functions as a combination of a bar, restaurant, and event venue.
Lease Details: Total monthly rent of $22,389.70 (rent + CAM + sales taxes) as of March 2024, with a 5-year lease term and 3 options for 5-year extensions each. Includes 4 dedicated parking spaces plus street parking. There is no personal guarantee.
Additional Details: The sale includes furnishings, fixtures, & equipment, with a purchase price of $995,000.
Description:
A distinguished opportunity beckons in Fort Lauderdale’s premier entertainment and arts district, presenting a unique blend of bar, restaurant, and event venue across an expanse of approximately 6,000 square feet. This property offers a unique parking agreement with the city, enhancing its attractiveness. The inclusion of a 4COP full liquor license (valued at $275k in Broward County) elevates the venue’s appeal, providing a full spectrum of beverage options. Boasting a robust financial profile and an inviting atmosphere, the establishment draws a loyal clientele. Ownership is committed to ensuring a smooth transition and is open to discussing either a transition period or a management agreement to facilitate seamless ownership transfer.
Special Features:
Strategic location in the heart of Fort Lauderdale’s entertainment scene
Diverse operational capacity with bar, restaurant, and event spaces
Enhanced parking arrangements with the city for added convenience
Offer Details:
Comprehensive sale, including business, licenses, and assets
Ownership’s support for a smooth transition, including potential management agreement discussions
Financially favorable with detailed lease terms and growth potential
Note: Full details on this exceptional property are provided under confidentiality to qualified parties upon the execution of our standard non-disclosure agreement (NDA). We are committed to the highest standards of privacy and encourage serious inquiries to explore this unparalleled investment opportunity.
- Size: 6000
- Lease: 20
- Year built: 2018
- Infrastructure Included: Yes
Features
- Attachments: Prakas-Co.-CA-2.pdf
View on map / Neighborhood
This commercial property is located in Fort Lauderdale is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 995,000.00 and is listed as .Â
Restaurants & Bars For Sale
$ 995,000.00
Description
Type of Business: Bar, Restaurant, Event Venue
Square Feet: Approximately 6,000 SF
Submarket: Fort Lauderdale
Usage: The property functions as a combination of a bar, restaurant, and event venue.
Lease Details: Total monthly rent of $22,389.70 (rent + CAM + sales taxes) as of March 2024, with a 5-year lease term and 3 options for 5-year extensions each. Includes 4 dedicated parking spaces plus street parking. There is no personal guarantee.
Additional Details: The sale includes furnishings, fixtures, & equipment, with a purchase price of $995,000.
Description:
A distinguished opportunity beckons in Fort Lauderdale’s premier entertainment and arts district, presenting a unique blend of bar, restaurant, and event venue across an expanse of approximately 6,000 square feet. This property offers a unique parking agreement with the city, enhancing its attractiveness. The inclusion of a 4COP full liquor license (valued at $275k in Broward County) elevates the venue’s appeal, providing a full spectrum of beverage options. Boasting a robust financial profile and an inviting atmosphere, the establishment draws a loyal clientele. Ownership is committed to ensuring a smooth transition and is open to discussing either a transition period or a management agreement to facilitate seamless ownership transfer.
Special Features:
Strategic location in the heart of Fort Lauderdale’s entertainment scene
Diverse operational capacity with bar, restaurant, and event spaces
Enhanced parking arrangements with the city for added convenience
Offer Details:
Comprehensive sale, including business, licenses, and assets
Ownership’s support for a smooth transition, including potential management agreement discussions
Financially favorable with detailed lease terms and growth potential
Note: Full details on this exceptional property are provided under confidentiality to qualified parties upon the execution of our standard non-disclosure agreement (NDA). We are committed to the highest standards of privacy and encourage serious inquiries to explore this unparalleled investment opportunity.
- Size: 6000
- Lease: 20
- Year built: 2018
- Infrastructure Included: Yes
Features
- Attachments: Prakas-Co.-CA-2.pdf
View on map / Neighborhood
This commercial property is located in Fort Lauderdale is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 995,000.00 and is listed as .Â