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Absentee Potential Landmark Breakfast Lunch Café For Sale

Broward County, Florida, US
Asking Price:
$269,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$701,845
Cash Flow:
$135,100

Rarely available, Absentee possible landmark breakfast-lunch cafe in booming downtown ft Lauderdale with thousands of potential clients from nearby offices, courthouse, college campus, tourists on Las Olas blvd on top of thousands of new units being built. The cafe serves a wide variety of breakfast and lunch dishes to satisfy all and prices are known to be lowest in the area to a wide-ranging loyal clientele. End cap unit fronting busy intersection with parking in front gives additional access to customers that want to eat in or at the restaurant garden 60 seats in and 40 in garden area. Tremendous potential to simplify menu, increase prices slightly and reduce portions all of which are due to happen. Current retiring owners have priced to sell at below what they invested almost 20 years ago. Staff in place to run absentee 7 employees, one supervisor and 3 delivery drivers all W-2 employees but owners go to business daily now. Please refer to listing 2201698371, business broker Jesse Peraza 786 444 4757 when you inquire about this listing.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 6134 Square Footage: 2200 Building Type: strip center
Terms & Options: 1 x 5yr Expiration Date: 3/31/2022

Leasehold Rent:

$6,134 per annum

Premises Details:

Lease/Month: 6134 Square Footage: 2200 Building Type: strip center
Terms & Options: 1 x 5yr Expiration Date: 3/31/2022

Business Operation

Competition / Market:

Non Compete : Miles: 100 Years: 3

Reasons for selling:

Retirement

Employees:
10
Years established:
1995

Other Information

Support & training:

For 2 weeks at no cost

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price
Relocatable:
This business can be relocated.

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