Asian Restaurant for Sale in Ft. Lauderdale – Sales of $1.7 Million

Broward County Asian Restaurant for Sale on Las Olas Blvd. is absentee run and a great investment. Just added 4COP liquor license to best location in Broward County.

The restaurant for sale had sales in 2016 in excess of $ 1.7 Million with more than $225,000 in owners benefits. The newly acquired 4COP liquor license will surly add sales and profits to this already successful restaurant. Sales and profits are consistent year in and year out for this Asian eatery located on the most desirable streets in Broward County. The Las Olas business district is known as the heart and soul of Fort Lauderdale. The district is famous for its sidewalk cafés, boutiques, unique architecture, and swaying palm and olive trees. The Las Olas business district is home to more than 30 restaurants, 75 boutiques, 12 art galleries, historic hotels, and luxury home and yacht rentals. If you are looking for a location with high foot traffic and year-round business, this is the Broward County space for you. 

This is an opportunity to buy a restaurant for sale that is producing strong top-line sales and bottom line numbers. The business has been absentee run for the last few years. The restaurant for sale is fully-staffed and has management in place to continue the growth. The concept has been in existence for nine years and has been guided by the same ownership since its inception, a rare find by the restaurant brokers. This is perfect as an investment or for a hands-on operator who can better control costs and drive more sales with an ownership presence. 

The restaurant for sale has a location that is one of a kind. Occupying 2,400 square feet with seating for 59 guests indoors and another 1,000 square feet available on the outdoor patio overlooking the water that has seating for an additional 50 guests. The rent for this location is $12,437 including all CAMS and taxes. The CAMS include water and trash.
 
The restaurant for sale features a fully equipped commercial kitchen. The kitchen features a long hood, wok cookers, six-eye-burners with stoves, char-broilers, fryers, stock pot ranges, ice machines, commercial refrigeration and freezers, and much more. The front of the house features state of the art POS systems, sushi cases, and security cameras. The outdoor patio is on the water and has six large heaters for chilly south Florida evenings.
 
The menu at this restaurant for sale has been developed over time by the owners and chefs. It features the finest Sushi and Thai cuisine in south Florida. The business features a 4COP license that allows it to sell liquor, beer, wine, and the very popular and profitable sake. There are lunch specials available. All recipes will transfer with the sale and the dedicated staff will remain to insure steady growth.

Please click on the tab below to easily acknowledge confidentiality on this restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos and most recent financials.If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without express permission of We Sell Restaurants. We Sell Restaurants is federally registered trademark.

Listing

  • Listing#: 6014
  • Price: $739,000
  • Location: Ft Lauderdale
Lease Term: Expires March 2019 plus five year option
Monthly Rent: $12,437
Indoor Seating: 59
Inside Sq. Ft: 2400
Hood System: Yes
Neighboring Businesses: Restaurants, Upscale Boutiques, Service Providers
Hours Open: Sunday thru Thursday 12 pm - 10:15 pm, Friday and Saturday 12 pm - 11:15 pm
# of Part-Time Employees: 7
# of Full-Time Employees: 15
Net Sales: $1,702,050
Owner Benefit: $229,044

Features

  • Annual Sale in Excess of $1,700,000
  • Located on Las Olas Blvd. - Most desirable location in Broward County
  • Rent of Less than $13,000 is below market for this area
  • Absentee Run with Management and Staff in Place
  • Owners Benefit of $229,000 for an Operator
  • Fully Equipped Commercial Kitchen
  • 2COP Beer and Wine License
  • Restaurant for sale