Property History
Property Type
Property Type
Property Subtype
Marketing Description
Confidential offering of a high-volume, full-service sports bar and restaurant in a prime South Florida trade area. This is an assignment of a long-term, below-market lease with a fully built-out, recently renovated operation.
The sale is for the business assets only (FF&E, licenses, goodwill, and assignment of the existing lease, subject to landlord approval). No real estate is included.
https://crexi.lightning.force.com/lightning/r/Case/500PI00000hg8ogYAA/view
Full details, including exact location, name, financials, and interior photos, are only provided to qualified, vetted groups who execute our NDA.
Investment Highlights
- Located in prime Davie retail corridor
- Turnkey sports bar & restaurant asset sale
- Consistent annual sales of approximately $3,000,000
- Profitable after management fees and owner compensation
- Major interior remodel completed in 2021
- Estimated replacement cost of the build-out around $500,000
- Strong, long-term lease position with below-market occupancy cost
- High-traffic corridor in a dense, growing trade area
- Ideal for experienced operators and multi-unit restaurant groups
- Structure: Assignment of existing long-term lease
- Location: Davie, Florida (exact location confidential)
- Current Rent: Just under $13,000/month all-in (significantly below market for size and sales volume)
- Premises Size: Approximately 4,500 SF under air
- Current Term: Through March 2030 (approx. 5 years remaining on initial term)
- Renewal Options: Four (4) additional 5-year options (up to 25 years of potential total term)
- Recent Capital Improvements: Major remodel completed in 2021
- Adequate restaurant/bar operating experience
- Strong business reputation
- Satisfactory net worth and financial strength
- Acceptable credit profile
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
There are no additional details for this property
Contacts
Listing removed on
BY:
Tom Prakas PRO
•••.•••.0003
tom@•••••••••••••.com
Listing removed on
BY:
Chas Prakas PRO
•••.•••.0003
chas@•••••••••••••.com
Listing removed on
BY: Nick Prakas
•••.•••.1402
nick@•••••••••••••.com
Map
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