Looking for a profitable Restaurant for Sale in Broward County that is profitable and in a great location. Look no further than this restaurant with multiple income streams and room to grow sales and profits. The restaurant features a 4COP SFS liquor license.
This Broward County Restaurant for Sale
consists of two concepts in one location. The concepts have separate entrances and are divided by a wall with a passthrough. The first is a full-service concept with a full liquor bar. The second is a fast-casual counter service restaurant. Patrons of the fast-casual can order from the full liquor bar. Combined gross sales will exceed $1,800,000 in 2023. Gross sales for the first two quarters of 2023 were in excess of $900,000. The net to the owner for the first six months of 2023 was $172,000. The restaurant is semi-absentee run. The owner works about 20 hours per week and handles administrative functions. There is General Manager and Head Chef on staff.
The restaurant is in a popular town in Broward County and very close to the beach. The road that this Restaurant for Sale
sits on leads directly to beach front high rise luxury condominiums. More than 60,000 vehicles travel on this road daily and the restaurant has excellent visibility from the street. More than 140,000 residents live in a three-mile radius of the restaurant and the household income is more than $80,000. The restaurant occupies approximately 5,500 square feet and seats 100 guests in the full-service concept and 50 in the fast-casual concept. The current outdoor seating accommodates 32 guests but can be expanded to accommodate up to 50 guests. The monthly rent for is a very reasonable $16,127. This is less than 10% of gross sales. The lease expires on January 31, 2028 and the Restaurant Brokers at We Sell Restaurants
can help you navigate the leasing process.
The fully equipped commercial kitchen features a 24-foot exhaust hood, in ground grease trap, and all the equipment you will need to run this successful operation. Kitchen equipment includes – ten-eye burner with two ovens, six eye burned with oven, char broiler, two fryers, convection oven and much more. The fast-casual is fully equipped. The Restaurant for Sale has a large walk-in cooler and freezer, ice machine, and commercial refrigeration throughout. The front of house of both concepts are beautifully built out. The full service concept has a full bar with speed wells, ice bins, and beverage coolers. The seating is a mix of high-tops, bar seating, bench seating, and comfortable chairs. There are two large screen television for customers. The fast-casual seating is comprised of large tables with bench seating. The outside dining is covered and can accommodate up to 50 customers.
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