238 State Road 7 Margate, FL 33063
- Investment properties
Current Use by Public Records
- Investment properties
Property Details for 238 State Road 7
- Year built
- 1968
- Property type
- Investment properties
Description
This thriving tavern and pub located at 238 N State Road 7, Margate, FL, presents a fantastic business opportunity. The property boasts approximately 1000 square feet of interior space, complemented by an additional 400 square feet of outdoor patio area, perfect for enjoying the Florida weather. The establishment is fully equipped for immediate operation, including eight taps, a stand-up freezer, a smaller freezer, and an ice machine. Outdoor furniture is also included. A small kitchen is available, adding versatility to the business model. Detailed inventory of assets is available upon request. Currently operating successfully, this business benefits from its proximity to a major intersection, ensuring high visibility and foot traffic. The property is zoned for a 4 AM closing time, offering extended operating hours. The business model is easily managed by a sole proprietor with minimal staff, contributing to efficient operations. Low rent and operating expenses further enhance the profitability potential. This turnkey operation is ready for a new owner to step in and continue its success. This is an exceptional opportunity to acquire a well-established business in a desirable location with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Margate
- County
- Broward County
- State
- Florida
- Longitude
- -80.2043
- Latitude
- 26.2324
