Fort Lauderdale Restaurant/Bar Asset Sale

Description

Bring your restaurant concept to Fort Lauderdale with an existing second-generation restaurant and bar buildout offered at $350,000. The approximately 3,500 SF premises feature dining and bar areas, seller-reported seating for approximately 150, and substantial kitchen infrastructure.

A strong opportunity for operators considering either their first location or an additional location. The existing layout provides a foundation to adapt to your brand. Kitchen infrastructure includes a 22-foot hood, walk-in cooler, walk-in freezer and an in-ground grease trap. Buyers can evaluate how the existing buildout and equipment fit their menu, service model, and proposed improvements.

The proposed asset package includes seller-owned restaurant equipment, fixtures, furnishings, and small wares. Full asset list available with a signed NDA.

Investment highlights

• Total monthly rent: Approximately $8,800, seller-reported; current all-in rent and landlord-billed charges require verification. Utilities and other business operating expenses are separate.
• Remaining term: Through August 31, 2028 approximately 1 year and 11 months remaining as of October 5, 2026.
• Renewal options: Two five-year options, providing a potential additional ten years.
• Current scheduled base rent: $4,611.70 per month through August 31, 2027.
• Next base-rent increase: 2% to $4,703.94 per month beginning September 1, 2027.
• Additional rent and operating expenses: Adjusted annually.
• Use and transfer: Restaurant use is specified. Subletting is prohibited. Lease transfer, concept changes and alterations are subject to applicable lease provisions and required approvals.
• Make the space your own. Explore how this existing restaurant and bar infrastructure can support your casual dining concept or next branded location. Contact Prakas & Co. to request the
• NDA, detailed equipment inventory, lease documents and a private showing.
• The business identity and exact address are confidential. All inquiries and visits must be coordinated through Prakas & Co.

• Size: 3,500
• Lease: Below market
• Infrastructure Included: Fully equipped bar/restaurant
• Concept Exclusion: Italian and sushi
• Years in Business: 8