1300 S Federal Hwy - Restaurant FOR SALE


$5,750,000 USD
1300 S Federal Hwy, Dania, FL for Sale
$5,750,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate


HIGHLIGHTS

  • Real estate, business and 4COP liquor license included
  • Strong Historical Financial Performance, Landmark Brand and Business
  • Seller Financing Available!

OVERVIEW

This is a turn­key operating business that includes the 4COP liquor license (valued at approximately $350,000), all FF&E, equipment, licenses, inventory, and existing management. All staff will remain in place, and the current owner will provide a generous transition and coaching period. The owner is retiring after more than 40 years in the industry. The $5,750,000 purchase price is allocated as follows: $3,750,000 for the real estate and $2,000,000 for the business. Seller financing is available with 30% down at 7% interest. The property qualifies for an E­2 visa. The business generates approximately $4,000,000 in annual gross operating income, with net operating income of approximately $400,000, providing an investor with an above­ average market capitalization rate of approximately 7%.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$2,136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C-3, Dania

APN/PARCEL ID

51-42-03-10-6040

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info

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John DeMarcoRE/MAX 5 Star RealtyMore Info

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