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Fun Bar Near Fort Lauderdale For Sale

Fort Lauderdale, Florida
Asking Price:
$420,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

2,238 square feet on a popular main drag, with a large public parking lot directly across the street. This is a new building and new build-out, opening for the first time November 15, 2015. The owner has the right to use and enjoy a large outdoor seating area, subject to the restrictions set forth in the lease.
$420,000 for the name, good will, all furniture, fixtures and equipment, and all licenses for the operation of the business, including a 4-COP quota alcoholic beverage license.

Property Information

Real Estate:

Lease

Lease Terms:

The initial term of the lease ten years, with two options to renew for five-years each. Current total monthly rent, including CAM and sales taxes, $8,554.

Leasehold Rent:

$102,000 (USD) per annum

Location:

Leased space on a heavily travelled corner in the middle of a bustling arts and entertainment district.

Premises Details:

2800 square feet, huge bar, performance area, outside seating. Great lighting, sound system and decor.

Size in square feet:
2,800

Business Operation

Reasons for selling:

family commitments

Trading hours:

12:00 noon until 2:00 am, except weekends, when the business open until 3:00 am

Employees:
3
Years established:
4

Other Information

Support & training:

potentially available

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Full financials to be provided to fully qualified and interested buyers.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

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