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#5693
Ft Lauderdale Restaurants For Sale

Profitable Local Greek Restaurant for sale in North Broward

$90,000
Profitable Local Greek Restaurant for sale in North Broward
This Listing is Expired

Reason for Sale: Relocating- Profitable Local Greek Restaurant for sale in North Broward. Local favorite to the community. Great reviews online. Restaurant seats 50 inside and 12 outside. Sales $250k out of season. In season seller expects sales of $50k per month. Fully equipped kitchen with hood & reach in refrigeration. Lease extends 2024. Rent is only $4200/month for 1500 sq ft. Owner benefit for a working chef owner $84k. Location can be converted to a different food theme. 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Ft Lauderdale Restaurants For Sale
Lease Term:
2/11/2024
Total Monthly Rent:
$4,200

Financials

Last Year's Annual Gross:
$418,910
Last Year's Owner's Cash Flow:
$84,719

Operations

Liquor License:
2 COP
# of Full-Time Employees:
3
# of Part-Time Employees:
3
# of Working Owners:
1
Hours Open:
Tuesday-Sunday 11am-9pm
Year Established:
2

Facilities

Indoor Seating:
50
Outdoor Seating:
12
# of Parking Spots:
Ample
Inside Sq. Ft.:
1,498

Highlights

  • Local Greek Restaurant

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 54,688 155,219 408,271
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,777 56,755 147,178
2010 Persons Per Household 2.34 2.45 2.52
Median House Value $114,100 $114,948 $164,591
Income Per Household $43,756 $42,043 $50,098
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,180 3,280 9,660
2012 Number Of Employees 18,428 80,512 198,554
2012 Total Annual Payroll $310,673,000 $1,531,727,000 $3,563,159,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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