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OFF-MARKET
Retail properties & Spaces

0 Profitable Mediterranean Restaurant For Sale Plantation, FL 33323

3,000 SF Built 1994
Property ID
Property summary
AI-generated overview

This thriving Mediterranean restaurant in Plantation, Florida, presents a unique opportunity for immediate ownership. Located in Broward County (zip code 33323), this 3,000 square foot establishment boasts a prime location with high visibility and accessibility, situated near homes and other businesses. The current lease extends until October 1, 2028, with a monthly rent of $10,800, inclusive of CAMs, taxes, and insurance. The restaurant is fully equipped with a commercial kitchen featuring a six-burner stove with oven, kebab grill, microwaves, tea makers, an eleven-station buffet table, ample refrigeration (walk-in cooler, salad cooler, upright freezers), dish machine, and more. The current operational setup includes indoor seating for 55 patrons, and the business operates Monday through Friday from 11:30 AM to 9:00 PM, Saturday from 12:00 PM to 10:00 PM, and Sunday from 11:30 AM to 9:00 PM. The restaurant currently employs five part-time workers. Financial records indicate net sales of $582,995 and an owner benefit of $96,550. The asking price is $90,000. This turnkey operation offers significant potential for growth, including the possibility of converting the space to a different concept or expanding to include private party rooms and a liquor license. SBA financing and E2 Visa options are available. The seller is motivated and offering two weeks of support for a smooth transition.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1994
Total area 3,000 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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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