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#Business ID: 18637

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Newly Renovated Ultra Lounge 3/4 of a Mile From Fort Lauderdale Beach

Business Location: Fort Lauderdale, Florida, United States

Asking Price: $ 100k to 250k Revenue: $ 100k to 250k Cash Flow: $ 0 to 100k

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Partner dispute forces sale on this completely renovated 2500 square foot chic South Beach Style lounge. Price includes kitchen, office, complete inventory, sound and lighting in a turnkey operation. All social media marketing plans are in place. Customers and sales are growing on a daily basis. Lounge is located on a major thoroughfare (with over 45,000 cars passing daily) leading to Fort Lauderdale Beach. Bar is located in an upper middle class neighborhood with many homes valued in excess of ½ million dollars. There are also hundreds of apartment complexes within a two mile radius. 12 years left on the lease, with the current rent of $ 2811.39 per month. There has been over $ 250,000.00 spent in equipment and renovations in the past year. Renovations includes new electric, new plumbing, new air conditioners (3), new 750 gallon grease trap to name a few. This is a once in a lifetime deal and a must see for all investors. Great venue for corporate events, wedding receptions, private parties, bar/bat mitzvahs, etc. Sale price is $ 368,000.00 (includes 4 COP liquor license worth over $ 130,000.00) or $ 235,000.00 includes the cost for a beer and wine license. Very easy to operate. All reasonable offers will be considered. Discount for cash purchase.

Property Details

Size:

2500 Square Feet

Years Established:

Since 2012

Property Type:

Lease

Other Business Details

Business Location:

Located on a major thoroughfare (with over 45,000 cars passing daily) leading to Fort Lauderdale Beach. Bar is located in an upper middle class neighborhood with many homes valued in excess of ½ million dollars.

Business Operation Details

Employees:

10

Trading Hours:

Sunday 6 pm - 2 am Monday - Thursday 4 pm - 2 am Friday and Saturday 4 pm - 3 am

Support & Training:

Will provide 1 month training.

Miscellaneous Details

Financing Available:

Yes
Call.

Reason For Selling:

Partner Dispute

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