Restaurant since 1981

Broward County, FL

Icon Restaurant

Asking Price:$225,000

Cash Flow:$241,333

Gross Revenue:$1,232,784

EBITDA:$241,333

FF&E:$75,000

Inventory:$1,000*

Rate/Sq. Ft.:$31.67

Established:1989

*not included in asking price.

Restaurant since 1981

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Business Description

This 35 year-old "brand-name franchise" restaurant has been operating under one owner and is located on a major road in north Broward County with over 50,000 vehicles passing by each day. This is being offered "as is" but without the franchise name. Listing price reflects adjustment for "potential" lower revenue but is a huge opportunity for the right restaurateur. New lease available at $6500 for 3600 sq. ft. space. Building and land also available for purchase.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,600
Lease Expiration:
6/30/2030
Employees:
6FT, 14 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Single standing building
Competition:
35 years of track record should be enough proof!
Growth & Expansion:
Bring you own ideas and build up from a 35 year customer base.
Financing:
0
Support & Training:
4 weeks
Reason for Selling:
Retirement

Listing Statistics for Premium Members

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Robert Weinroth

Business Listed By:
Robert Weinroth

THE VENTURA GROUP OF FLORIDA, Inc.

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Sponsoring Broker:
Beat Stauble

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