Property Details for 4COP Sfs License In Pl

Property size

1,771 SF

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This exceptional restaurant opportunity is located in the heart of Fort Lauderdale's vibrant Las Olas Boulevard. Boasting 1,771 square feet of indoor space and an additional 1,586 square feet of outdoor seating for a total capacity of 125 guests, this fully equipped establishment offers a turnkey operation. The state-of-the-art commercial kitchen features a 15-foot exhaust hood, six-burner stove, char-broilers, two fryers, a convection oven, two ice machines, and ample walk-in cooler and freezer space. The front-of-house includes advanced POS systems, a fully stocked bar, and comfortable indoor and outdoor dining areas enhanced by security cameras. The current lease, at a highly favorable rate of $11,159 per month, extends until March 1, 2030, with two five-year renewal options, securing your position in this prime location until 2040. This includes CAMs, taxes, water, and trash. The restaurant also benefits from a 300 square foot air-conditioned storage area. Situated in the bustling Las Olas business district, known for its high foot traffic, numerous boutiques, and thriving tourism, this restaurant is perfectly positioned to capitalize on the area's significant growth. Fort Lauderdale has experienced a remarkable 31% increase in its downtown resident population and a 29% surge in tourism since 2017, creating an ideal environment for continued success. The sale includes a fully transferable 4COP SFS liquor license. The asking price is $750,000. This is a rare opportunity to acquire a well-established restaurant in one of Fort Lauderdale's most desirable locations.

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Longitude

-80.1372

Latitude

26.1192