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Listing Number: 3885
Absentee Lounge and Restaurant with Live Entertainment Under Contract
![Tequila Bar & Mexican Experience in Broward County, FL with 4COP SRX License Under Contract](https://capitalbbw.com/wp-content/uploads/2024/07/Absentee-restaurant-lounge-for-sale-Broward-County.png)
Great Opportunity!
This beautiful upscale Latin cuisine restaurant currently set up as a tequila lounge Mexican experience with a 4COP SRX liquor license boasts an impressive newly installed state of the art commercial kitchen built to accommodate all catering and restaurant needs no matter the size. Kitchen remodel coming out to $350,000 in new hardware, in addition to another $240,000 for a bar remodel, performance stage, artwork, interior design, new ac units, bathroom remodel and many more upgrades. This location is a standalone with its own dedicated parking and It continues to grow, having recently obtained new and lucrative catering contracts with big companies locally due to the newly built catering and marketing staff. This is a 4 in 1 turnkey business offering restaurant, bar , catering and events venue with all infrastructure , operations, staff, inventory and a long list of clients , vendors and contracts to go with it The chef can prepare culinary delights for in-house diners while the separate catering kitchen can operate simultaneously. It is perfect for all types of corporate and private events and has regularly scheduled nightly attractions such as dancing, karaoke and lady’s night. Located in a plaza with abundant parking in an upscale area with multiple condominiums on a busy roadway, there is an excellent opportunity for continued growth. The Current owner will honor all upcoming events, even ones that will be televised bringing more exposure to the restaurant.”
Listing Broker
![Roberta Caputo](https://capitalbbw.com/wp-content/uploads/ultimatemember/94/profile_photo.png?1725757131)
Roberta-Caputo
Founder & Managing Director
Phone: 954-596-8060
Email:
rcaputo@capitalbbw.com
- Category: Restaurants
- Asking Price: $750,000
- Gross Sales: $3,118,284
- Cash Flow: $401,829
- County: Broward
- Area: Northwest Broward
- FFE: $ 247,000
- Inventory: $10,000
- Real Estate: $0
- Employees: 13 - Full-Time 0 - Part-Time
- Facilities: 5,560 sq. ft. Stand Alone building
- Relocatable? No
- Home Based? No
- Market Notes: Positive reviews from guest appreciating the atmosphere, attentive wait staff and flavorful dishes. Restaurants are an integral part of our social fabric; 6 in 10 adults say restaurants are an essential part of their lifestyle.
- Growth Notes: The National Restaurant Association projects 2030 restaurant sales to increase to $1.2 trillion dollars, up from $789 Billion dollars in 2021 and provide employment opportunities for more than 17 million individuals.
- Support Training: Seller will provide two weeks of training at zero cost
- Year Established: 2022
- Financing Terms: Seller offering financing to a qualified Buyer
- Reason for Selling: Seller has other businesses and does not have time to dedicate to this business
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner Yes
- Selling Financing? Yes
- Is FEE Included? Yes