Franchise Restaurant for Sale in Ft. Lauderdale with $2.7MM Gross Sales

Multi Million Dollar Opportunity.  Franchise Restaurant for Sale features Pizza and Bar in Broward County, Florida. Great location, Long Term Lease, and Financing make this a Home Run.

Franchise Restaurant for Sale in booming Ft. Lauderdale is just minutes from the beach and located in one of South Florida’s trendiest areas.   This franchise casual theme restaurant is located in one of Ft. Lauderdale’s trendiest spots. This community has undergone a rebirth from neglected warehouses and residential buildings with an urban renewal that has included high rise luxury rentals and condo buildings, a growing arts district and influx of restaurants. Situated minutes from the beach, airport and I-95 this location is attracting the best and the brightest to live, work and play. The franchise restaurant for sale offered by the restaurant brokers grossed $2,700,000 in sales in its first full year of business with more than $330,000 in owner’s benefits. A dispute between partners is forcing the sale.

Their loss is your gain. The sellers will consider seller financing for qualified candidates, but will require a minimum of 25% down.   No expense was spared in the build-out of this 5,484 square foot franchise restaurant for sale that can seat 150 guests in the dining room, 15 guests at the bar and 100 guests on its outdoor bar and patio. The brand currently has 200 locations throughout the United States with each location decorating its facility with a unique theme. The artifacts and artwork that provide the unique atmosphere of the restaurant include wall hangings, ceiling hangings and sculptures that are all included in the sale. The current lease expires in 2025 and three five year options are attached. The current monthly rent is $25,000 and that includes all taxes and CAM.   The restaurant has a 4COP SRX license which means it can offer Liquor, Beer and Wine to its guests.

The restaurant has an indoor bar area and a very popular outdoor patio and bar. A dedicated walk-in holds all kegs and 48 tap beers are offered to guests. 30% of gross sales come from the bar. This is a very desirable and profitable mix of food to bar sales.   The fully equipped and commercial kitchen has it all. Built for high volume the kitchen features a 20 foot exhaust hood and a separate pizza hood that sits above four large pizza ovens. Other kitchen equipment includes two merry chef convection ovens (cook at 10X the speed of conventional ovens), five foot flat top, electric steam table, and much more. All refrigeration is commercial grade and includes walk-in cooler, walk-in freezer and ice machine.  

The front of house has seating for 150 with a mix of tables and booths. The bar top has seating for 16 and three large televisions make this the perfect spot to watch a ball game. The restaurant features a state of the art POS system and a 16 camera security system. The outdoor patio is large and can be expanded for more guests. Currently set up to accommodate 100 guests between the bar area and tables the patio has proven to be very popular with the local and tourist clientele that visit the restaurant.   This franchise restaurant concept has been around for more than 40 years. The first franchised unit was opened in the late 1980’s. Currently located in 21 states, new locations are on the books for additional states.  Growth plans show 13 -17 new locations opening each year. The franchise concept is pizza and calzones.

The menu offers many varieties or you can design your own. While the concept is pizza this is not an Italian restaurant. Other menu items include sandwiches, burgers, salads, soups, and desserts. The corporate website is used to promote and execute catering orders for the franchisees. Franchise royalties are 5% of gross sales and the marketing fee is 2% of gross sales.  

What are you waiting for?  Make an offer today for this restaurant franchise for sale.  Contact Certified Restaurant Broker Ken Eisenband at 561-350-3365 for more information.   

Listing

  • Listing#: 5508
  • Price: $1,900,000
  • Location: Fort Lauderdale
Lease Term: Expires 2025 with three five year options attached
Monthly Rent: $25,000
Indoor Seating: 150
Inside Sq. Ft: 5484
Hood System: Yes
Neighboring Businesses: Restaurants, Retail, Service Providers
Hours Open: Sunday thru Thursday 11am - 11pm, Friday and Saturday 11am - 1am
# of Part-Time Employees: 40
# of Full-Time Employees: 10
Net Sales: $2,772,501
Owner Benefit: $351,775

Features

  • Franchise Pizza Restaurant and Bar for Sale in Ft. Lauderdale
  • Gross Sales in Excess of $2,700,000 Annually
  • Annual Owner's Benefits Exceed $330,000
  • 4COP SRX (full liquor, beer, and wine) License in Place
  • First Operating Unit Opened in 1974, with first franchised unit opening in 1982
  • Fully Equipped Commercial Kitchen Has it All and is set up for efficinecy and high volume
  • Franchise Restaurant for Sale