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New Price Well Established Nightclub In Fort Lauderdale For Sale

Fort Lauderdale, Florida, US
Asking Price:
$1,600,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

End unit of a strip shopping center east of I-95 in Fort Lauderdale, consisting of approximately 3,000 square feet. Ample shared parking is available directly next to the business. Features include a large main bar, plus a smaller bar, stage, new kitchen, dance floor, video games, and pool tables. The owner has the right to utilize the premises as a bar/nightclub, adjacent package liquor store, with ancillary food sales and live entertainment. Full quota liquor license included in the sale price.

Permitted hours of operations are 7:00 am until 4:00 am, which is very unique in Fort Lauderdale.

Financials to be provided to fully qualified and interested buyers. Please note that this business was acquired by the current owner in July of 2019, and major renovations have been undertaken.

$1,600,000 for the, good will, all furniture, fixtures and equipment, leasehold interest, and all licenses for the operation of the business, including a 4-COP quota alcoholic beverage license. Please note that the business name is specifically excluded.

Property Information

Real Estate:

Lease

Lease Terms:

Current lease term expires June 30, 2024, with two options to renew for five years each.

Leasehold Rent:

$78,676 per annum

Location:

North Fort Lauderdale, on a heavily trafficked thoroughfare.

Premises Details:

Approximately 3000 ft.² in the end unit of a strip shopping center.

Size in square feet:
3,000 SF

Business Operation

Reasons for selling:

Other business interests

Trading hours:

7:00 am. until 4:00 am.

Years established:
This business has been established for many many years, but the current owner acquired the business in July 2019

Other Information

Support & training:

Available

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

Perhaps, with a substantial down payment from an experienced operator

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$10,000
Related Documents:

Contact Pat Burnside Realty

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