Restaurant for Sale in Broward County, Florida. Annual Sales of more than $1,287,092nets $125,000 to owner. Located in great plaza with great equipment package. This restaurant can convert to almost any concept.
This
restaurant for sale is in Pembroke Pines, Florida. Pembroke Pines is the 2nd largest city in Broward County. 147,003 residents live in a three-mile radius of the restaurant with an average household income of $80,000. The restaurant is in a busy shopping center that is home to franchised and independent restaurants, retail shops and service providers. The corner that this center sits on is a hub of activity for the area. More than 75,000 vehicles pass by daily. The restaurant occupies 1,650 square feet of space and seats 48 guests in the nicely decorated dining room. The current lease expires in June of 2023 and there is a five-year option attached. The monthly rent is a very reasonable $8,174 per month including all CAMS and taxes.
In 2022 the restaurant had sales of $1,27,092 and netted $129,164. In 2021, Sales were in excess of $2,000,000 and the owner netted $220,000.The restaurant is absentee run and could benefit from an owner operator. The equipment package will allow you to convert the space to any concept, barring duplication with another restaurant in center.
The restaurant features and exhaust hood that is 21 feet in length. The equipment under the hood includes two six eye burners with ovens, two eye burner, two fryers, salamander, walk-in cooler and freezer, ice machine, commercial refrigeration, and complete package of smallwares. This is a turnkey restaurant that is currently operating with sale in excess of $1,300,000 annually.
This Restaurant for Sale had its beginnings with a licensing agreement. Other locations are present in California, Florida, and South Caroline. A new owner will have no royalties due to the licensing company. A one time fee of $15,000 will be due to continue the agreement. The restaurant is open seven days per week, only for dinner. Add lunch for additional sales and profits. The restaurant has a 2COP beer and wine license. The menu has a Cajun flair. The menu consists of all types of shellfish – crawfish, crabs, clams, mussels, oysters, and lobster. Shrimp, catfish, and other items are also available to guests. The menu and recipes will transfer with sale and the seller will provide two weeks of training at no cost.
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 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.
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 . 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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