Restaurant with 4COP SFS License in Pompano Beach - Nets $78K

Pompano Beach, FL
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Asking Price:$175,000
Gross Revenue:$593,553
Established Year:2021
Cash Flow:$78,440
Rent:$9,164/Month
BUSINESS DESCRIPTION

Restaurant for Sale in Broward County, Florida returns $78,000 to the sellers. The 4COP SFS license will transfer with sale. Unlimited potential. Can Convert to Any Concept.
The Restaurant for Sale is in possession of a 4COP SFS license. This means that you can offer liquor, beer, and wine to your guests. The fully equipped bar seats ten guests. The bar is under-utilized and is a great opportunity for a new operator. YOU CAN CONVERT THIS SPACE TO ANY CONCEPT.
The Restaurant for Sale has been serving the community for three years. Sales have increased each year. In 2023 sales were $593,553 with a net to the sellers of $78,440. In 2022 the sales were $519,840 and the net to sellers was $74,295. 2024 is on track to be the same as 2023. The restaurant is open seven days per week. In house dining is diner only, but delivery starts at 1 pm. All deliveries are handled with third party services. You can open for additional hours.
The Restaurant for Sale is in a strip center in Pompano Beach. The shopping center and the center directly next store is home to restaurants, retail, and service providers. There is more than enough parking in the plaza for all tenants. The restaurant occupies approximately 3,500 square feet and seats 85 guests inside. Another 18 guests can be seated on the front patio. The rent comes with a studio apartment upstairs. The current owner of the restaurant lives in the apartment. The studio apartment is included in the lease payments for the restaurant. The monthly rent including all CAMS, trash removal, studio apartment and taxes is $9,164. The lease expires on June 30, 2031. The current concept is Brazilian Steakhouse. This is a RODIZIO style Restaurant for Sale. When dining in you pay a fixed price. You can then visit the salad bar for salads and side dishes. The staff comes around with skewers of different meats and slice them tableside. You can eat as much as you like. You can order ala carte if you choose. Ordering for delivery or take-put is available. Including more than ten cuts of high-quality meats, hot buffet, and cold buffet. Different cuts of Sirloin, Lamb, Pork, Chicken, Sausages are available. Truly something for anyone. All recipes will transfer with sale and the seller will remain for two weeks of training at no additional cost. Contact We Sell Restaurants for more information. You can convert to any concept. The fully equipped commercial kitchen has everything you need. This is a turnkey opportunity. The exhaust hood is ten feet in length and the grease trap is in ground. Under the exhaust hood sits a Scheer gas barbeque grill and four-eye burner. There is a walk-in cooler and commercial refrigeration throughout. The front of house is decorated nicely and seats more 85 guests. The dining room of this Restaurant for Sale features a full-service bar. The bar seats ten guests and is fully equipped.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Pompano Beach, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Lease Expiration
30/06/2031
Employees
6
Facilities
18 tables 7 bench seatings 59 chairs 3 picnic tables 10 bar stools 3 televisions 2 highchairs sandwich board sign salad bar 3 steam units sound system camera system sheer Rotissieri Oven four eye burner SS shelving microwave table top convection oven 2 prep tables residential refrigeration 2 glass door beverage cooler walk in cooler fryer speed well with ice bin low boy three glass door cooler leased equipment Ice machine dishmachine bar glass washer clover
Competition
Brazilian Steakhouse that offers full liquor bar
Growth & Expansion
Can convert to any concept that needs a 4COP liquor license. Open dining room for lunch, advertise the full liquor bar for Happy Hour events
Support & Training
Seller will trin for two weeks at no additional cost
Reason for Selling
New Career
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Ken
Eisenband
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Ken Eisenband