Profitable Break/Lunch in Uptown Ft. Lauderdale

Fort Lauderdale, FL (Broward County)

Profitable Break/Lunch in Uptown Ft. Lauderdale
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Asking Price: $299,000

Cash Flow: $119,854

Gross Revenue: $720,699

EBITDA: N/A

FF&E: $50,000

Inventory: $3,000

Established: 1984

Profitable Break/Lunch in Uptown Ft. Lauderdale

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Business Description

Profitable Break/Lunch in Uptown Ft. Lauderdale

Reason for Sale: Retirement- Profitable Break/Lunch in Uptown Ft. Lauderdale. Established since 1984 as breakfast/lunch closing at 3 pm everyday. 89 seating capacity. Fully equipped kitchen with hood & walk in cooler. Experienced staff in place will stay with the new owner. Owner benefit $120k with sales of $720k in 2018. Newly remodeled in 2017. Lease extends to 2030. Buy now for the season. 2019 Sales thru 6-30 $366k.

Detailed Information

Location:
Fort Lauderdale, FL
Inventory:
Included in asking price
Employees:
13 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Shopping Center location in East Ft Lauderdale- Rent $8500/month-2500 sq ft restaurant-Lease extends to March 2030.
Support & Training:
Will train for 2 weeks @ $0 cost.
Reason for Selling:
Retirement.
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Russell Cohen M&AMI,CBI,BCI,CM&AP,CM&AI-

Business Listed By:
Russell Cohen

Murphy Business & Financial Services LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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