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    Retail properties & Spaces

    0 Tamarac Restaurant For Sale - Convert Any Concept!, Tamarac, FL 33321

    1,166 SF
    Property ID
    Property summary
    AI-generated overview

    This fully equipped 1,166 square-foot restaurant in Tamarac, Florida is available for $79,000. Currently operating as a steakhouse, this versatile space is easily adaptable to various fast-casual concepts such as pizza, American, or Asian cuisine (subject to plaza restrictions). The sale includes all existing licenses and permits, with the potential to add a 2COP Beer and Wine license. The restaurant boasts an 8-foot exhaust hood, 8-foot venting hood, a double-stacked Baker's Pride oven, fryer, char broiler, and ample refrigeration including multiple stand-up coolers, a small deep freezer, and sandwich coolers with a low-boy refrigerator. The space comfortably seats 16 guests. Located in a plaza with a mix of retail, medical, restaurant, convenience store, and professional office tenants, this location benefits from ample parking and high foot traffic. The average household income in the area is $81,296. The lease, including CAMs, is $3,675 per month and expires June 30, 2034, with two three-year renewal options. The restaurant's current gross revenue is $100,000, with two full-time and one part-time employee. Included in the sale are five tables and sixteen chairs, along with various kitchen equipment such as the double-stacked Baker's Pride pizza oven, prep tables, a pasta maker, sandwich coolers, and more. Two weeks of training are included in the purchase price. Inventory is not included in the asking price. This is an asset sale, not a franchise.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,166 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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