This Restaurant for Sale in located in the heart Las Olas Blvd. Located on the most popular street in Fort Lauderdale this restaurant has recently been remodeled and is ready for a new owner. The restaurant features the best lease on the Boulevard.
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. Fort Lauderdale receives more than 10 million tourists annually. The number of guests enjoying a stroll on the boulevard or an evening of dining out and entertainment has increased by 29% since 2017. The resident population in downtown Fort Lauderdale has increased by 31% in the same period. There have been numerous new hotels and high-rise residences constructed that have propelled the increase of business in the area. If you want your restaurant to be in the most desirable location in Broward County, this Restaurant for Sale
is for you.
The Restaurant for Sale has recently been remodeled. Guests can enjoy dining in a relaxed atmosphere and can chose from cozy indoor seating, waterside under the stars, relax in the patio lounge or dine and mingle at the intimate bar. Contact We Sell Restaurants
to start your path to ownership today!
The Restaurant for Sale has a location that is one of a kind. Occupying 1,771 square feet indoors and 1,586 square feet outdoors with seating for 42 guests indoors and more than 100 outdoors. There is also a 300 square foot air-conditioned storage area. The rent is the best on Las Olas. The monthly rent is only $10,013! WHAT A DEAL. The lease expires on March 1, 2030, and there are two five-year options attached. Lock in the best deal in Fort Lauderdale until 2040!
The Restaurant for Sale features a fully equipped commercial kitchen. The kitchen features a 15-foot exhaust 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 and security cameras.
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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
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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