Confidential Turnkey Sports Bar – High-Volume Restaurant Asset Sale

Description

Confidential Turnkey Sports Bar – High-Volume Restaurant Asset Sale

Asset & Lease Assignment Opportunity | Davie, Florida

Overview

Confidential offering of a high-volume, full-service sports bar and restaurant in a prime South Florida trade area. This is an assignment of a long-term, below-market lease with a fully built-out, recently renovated operation.

The sale is for the business assets only (FF&E, licenses, goodwill, and assignment of the existing lease, subject to landlord approval). No real estate is included.

Full details, including exact location, name, financials, and interior photos, are only provided to qualified, vetted groups who execute our NDA.

Highlights

• Located in prime Davie retail corridor

• Turnkey sports bar & restaurant asset sale

• Consistent annual sales of approximately $3,000,000

• Profitable after management fees and owner compensation

• Major interior remodel completed in 2021

• Estimated replacement cost of the build-out around $500,000

• Strong, long-term lease position with below-market occupancy cost

• High-traffic corridor in a dense, growing trade area

• Ideal for experienced operators and multi-unit restaurant groups

Lease Summary

(Full lease abstract available upon NDA execution)

• Structure: Assignment of existing long-term lease

• Location: Davie, Florida (exact location confidential)

• Current Rent: Just under $13,000/month all-in (significantly below market for size and sales volume)

• Premises Size: Approximately 4,500 SF under air

• Current Term: Through March 2030 (approx. 5 years remaining on initial term)

• Renewal Options: Four (4) additional 5-year options (up to 25 years of potential total term)

• Recent Capital Improvements: Major remodel completed in 2021

Landlord Assignment Criteria (Summary)
Landlord approval required. Prospective assignee must demonstrate:

• Adequate restaurant/bar operating experience

• Strong business reputation

• Satisfactory net worth and financial strength

• Acceptable credit profile

Offering Structure

• Sale Type: Asset sale only (FF&E, operations, goodwill, and lease assignment)

• Asking Price: $595,000

• Real Estate: Not included (leasehold interest only)

This opportunity is ideal for:

• Established sports bar operators

• Multi-unit restaurant groups

• Experienced 2nd-generation users seeking a strong lease position

• Value-driven operators looking for a high-volume box at an attractive occupancy cost

Confidentiality & Next Steps

This is a fully confidential listing.

• The business name, exact address, photos, and detailed financial package will only be released after:

  • Execution of our electronic Non-Disclosure Agreement (NDA), and

  • Basic verification that the prospective buyer is financially and operationally qualified to acquire and operate this asset.

To Access Full Details:

1. Complete and sign our electronic NDA.

2. Provide a brief buyer profile (background, restaurant experience, number of units, and proof of financial capability).

3. Upon approval, we will release the full information package and schedule a confidential tour.

CLICK HERE FOR NDA

Contact

For more information or to schedule a confidential discussion, contact:

Prakas & Co. – Florida’s #1 Hospitality Brokerage
📞 Office: 561.368.0003
📧 tom@prakascompany.com
chas@prakascompany.com
nick@prakascompany.com

🌐 www.prakascompany.com

• Size: ±4,500 SF Under Air
• Lease: Current Term Through March 2030 (4 × 5-Year Renewal Options | Below-Market Rent)
• Infrastructure Included: Full Commercial Kitchen • Hood & Ansul • Walk-In Cooler/Freezers • Full Liquor Bar • Audio/Video Sports Bar Package • FF&E • Recently Renovated (2021)
• Zoning: Prime Retail/Restaurant Zoning in Davie, FL
• Concept Exclusion: Subject to Landlord Approval
• Current Tenants: Sports Bar