

123 Oceanfront Blvd
Turnkey Restaurant/Bar in Broward County, FL
Marketing description
This offering represents the confidential sale of a well-established turnKey restaurant and bar business located in a prime coastal town in Broward County, Florida. This is a rare opportunity to acquire a profitable hospitality operation in a highly supply-constrained, walkable beach market supported by year-round tourism, an affluent local population, and limited restaurant inventory.
The business operates as a turnkey operation with a full commercial kitchen and liquor bar, generating $2.57M in actual gross income and $490K in actual NOI, and is offered at an attractive 16.38% cap rate at asking price. The long-term NNN lease with renewal options provides stability, while the irreplaceable beachfront location offers continued upside through operational efficiencies, branding, and expanded programming, making this an appealing opportunity for both owner-operators and investors seeking strong cash flow in a premier coastal market.
Investment highlights
- Prime restaurant/bar in a high-demand coastal market
- 202-seat capacity with indoor & outdoor dining (99 inside / 103 outside)
- Property Size: 3,052 SF
- Full commercial kitchen and full liquor bar
- Long-term NNN lease w/ renewal options
- Actual Gross Income: $2,574,794
- Actual Net Income: $490,455
- 16.38% Actual CAP Rate
- Turnkey operation with FF&E included
- High-barrier-to-entry market with limited restaurant inventory
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