Fast-Casual Restaurant for Sale in Broward –Wing Concept, Can Convert

Restaurant for Sale in Broward County.  Located in a busy and successful shopping center with a great lease in place. Fully Equipped  and priced at less than $100,000, this one won't last long!

The fully equipped commercial kitchen in this restaurant for sale features a 16 foot exhaust hood. Under the hood sits four fryers, six-eye burner with stove, and double stacked convection oven. The refrigeration is commercial grade and plentiful. The front of house currently seats fifty guests, but can easily seat almost double that.The restaurant features seven large televisions, Yamaha stereo system, and an eight camera security system. The current concept is chicken wings, but the space can easily convert to most concepts and would be perfect for Chicken, Burger, Latin, or Smoothies. Due to landlord exclusions the following concepts will not be accepted - Italian/pizza, Mexican, Thai, Sandwich, or Coffer Shop.

The restaurant for sale presented by We Sell Restaurants is located in a very large and successful shopping center. The shopping center has 250,000 square feet of rental space and is anchored by a top performing grocery store, and three other large destination anchors that draw customers to the center on a daily basis.. The center is across the street from a casino and an already approved real estate project that will bring in 1,000 residential units and 300,000 sq. ft. of retail and office space. The shopping center has been recently remodeled with new landscaping, paint, parking lot resealed,  re-striped, and a new roof. This shopping center sees over 35,000 customers each week. The five-mile radius around this space for lease has a population that is almost 400,000 with an average income of more than $70,000. Daytime employment is over 150,000 for the same area. This power center sees more than 105,000 cars pass by daily. The restaurant occupies 2,400 square feet and has a monthly rent of $4,500 including CAM and taxes. 

Buy this restaurant for sale and avoid large costs for a new location. Experts tell you it will cost hundreds of dollars per square foot to build out a brand-new space,  totaling hundreds of thousands of dollars.  This is a rare opportunity to spend  pennies on the dollar for what it can cost to build out this space in one of Broward County's premier community shopping centers.

 

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

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Listing

  • Listing#: 7486
  • Price: $99000
  • Location: Margate
Lease Term: January 31, 2029
Monthly Rent: $4500-,
Indoor Seating: 50
Inside Sq. Ft: 2400,
Hood System: Yes
Neighboring Businesses: Grocery Store Anchor, Anchor tenants. Successful Restaurants, Retail, Service Providers
Hours Open: Wednesday 11AM–9PM Thursday 11AM–9PM Friday 11AM–10PM Saturday 11AM–10PM Sunday 11AM–6PM Monday 11AM–9PM Tuesday 11AM–9PM
# of Part-Time Employees: 3
# of Full-Time Employees: 3
Net Sales: $240000.00

Features

  • Asset Sale of Restaurant that is Currently in Operation
  • Fully equipped Commercial Kitchen with 16 foot exhaust Hood
  • Premier Shopping Center with 250,000 square feet of rental space and 35,000 shoopers visiting weekly
  • Daytime employment is over 150,000 in five mile trade area
  • More than 400,000 residents in five mile trade area with average household income of more than $70,000
  • Front of House is complete with seven televisions, camera security system and state of the are music system
  • Restaurant for Sale