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#Business ID: 16940

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Ready to Convert to Any Concept - Diner In Coral Springs, FL

Business Location: Coral Springs, Broward, Florida, United States

Asking Price: $ 99,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Features

* Restaurant in Coral Springs Being Sold For Assets
* Below Market Rent of $3,800 per Month
* More Than 3,000 SF and Patio. Total Seating of 173
* Can Convert to Any Concept.Ideal Concept Would Be Latin, Mexican, or Braziliann.
* Fully Equipped Commercial Kitchen Has It All
* Daily Traffic Counts Exceed 25,000 Vehicles per Day
* Average Household Income in Three Mile Radius Exceeds $73,000
* Population in Three Mile Radius Exceeds 149,000
* Owner is Retiring After 50 Year Restaurant Career

Lease Term: 5 years plus two 5 yr option
Monthly Rent: $3,800
Indoor Seating: 143
Hood System: Yes
Neighboring Businesses: Bravo Supermarket, Bank, Monkey Joe's Entertainment Center, Local Restaurants,Dry Cleaners, Hair Salon, Insurance Agency, Day Care Center, Martial Arts Studio, additional retail and service providers

Diner for Sale in Coral Springs, FL is ready to convert to any concept. Ideal concepts include Mexican, Latin, or Brazilian.

This diner for sale occupies 3,340 square feet and the rent is an extremely low at $3,800 per month including CAMS and taxes. Located in Broward County, this diner has seating for 140 guests inside and an additional 30 guests can be seated on the patio at this diner for sale. The lease term is five years with two five year options attached. The plaza that is home to this diner for sale is very busy. The total retail space of the plaza is 123,000 square feet. Other plaza tenants include Bravo Supermarket and Monkey Joe’s, an entertainment facility that has food provided by this diner for sale. Other tenants in the plaza Bank, Hair Salon, Insurance Agency, Dry Cleaners, Martial Arts Studio, Day Care Facility, and other local and national retailers. The demographics in the area are excellent. More than 25,000 vehicles pass the plaza and diner for sale on a daily basis. The population in a three mile radius of the restaurant for sale is 149,277 with an average house hold income of $73,578. Parking will never be a problem as the plaza has ample parking for all of its tenants.

The fully equipped commercial kitchen has it all in this diner for sale. There is an extremely long exhaust hood, two six eye burners, five foot flat top, char-broiler, fryer, salamander, electric steam table, convection oven, walk-in cooler, 500 lb. ice machine, dish machine, buffalo chopper, 20 quart mixer, two slicers, two refrigerated display cases, plenty of commercial refrigeration and freezer units, and much more in this diner for sale. This space can easily be converted to work for any concept.

The diner for sale has been in this location for five years. The owner is ready to retire after 50 years in the industry. The current concept serves breakfast, lunch, and dinner. Menu items include sandwiches, burgers, salads and wraps. Dinner items also include many Greek specialties, such as, Avgolemono soup, Moussaka, Pastichio, Spanakopita, Greek salad, gyro and homemade baklava. Also on the menu at this diner for sale are Italian dishes and standard American favorites. As this is an asset sale, no books or records will be provided. The owner will answer all questions about sales and costs for qualified buyers during a scheduled meeting.

To learn more about this opportunity and to sign an electronic confidentiality agreement online to receive the name and address and view additional photographs please click on the link below. If you have any questions please call your certified restaurant broker, Ken Eisenband, at 561-350-3365

Property Details

Size:

3340

Property Type:

Lease

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