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Broker Contact Information |
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Upscale Ethnic Restaurant & Lounge | Listing ID: 20214 |
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| Asking Price: |
$585,000 |
Status: |
Active |
| Business Type: |
Fine Dining Restaurant |
Reference #: |
26402629 |
| Business Location: |
Florida |
Broker Coop: |
Yes |
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Broward County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$619,844 |
Full-Time Employee: |
5 |
| Cash Flow: |
$138,831 |
Part-Time Employee: |
11 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
Limited Liability Company (LLC) |
Leased SqFt: |
4,315 SF |
| Year Established: |
2006 |
Rent /Month (Include NNN): |
$7,700 |
| Accounting Info(years): |
3 |
Lease Exp.Date: |
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| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
5 |
| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
Tues-Thurs 11:30-9:30, Fri 11:30-12, Sat 4:30-2, Sun 12:30-9 |
Lease Transferable: |
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| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
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| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$200,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$10,000 |
Min. Down Requested: |
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Business Description |
Upscale ethnic restaurant and bar which hosts weekly entertainment shows, buffets, full menu, takeout and an outdoor lounge making it a modern art and supper club mixed with traditions and look of a distant land. Restaurant can be modified to any cultural theme as the spacious floor plan includes: indoor seating for 63 tables, a fully licensed bar, and state of the art kitchen, dance floor and stage. This exotic, local favorite with continued growth each year! |
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