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Restaurant & Food Concessionary on Golf Course

Fort Lauderdale, Florida

Asking Price: Gross: Cash Flow:
$2,695,000 $4,497,564 $524,670

Furniture and Fixtures Value:
$1,100,000 (included in the asking price)

Business Summary:
Rare opportunity to acquire the exclusive food, beverage & catering concessionary rights for one of the best known golf courses in FL. Well known operation inc. restaurant, sports & patio bars, on/off site catering, wedding, corp. concert venues, snack-beverage carts & all vending rights on property. $5,500/month rent inc. 4COP liquor license and maintenance. Lease to 2039. Seller financing of $1MM or go SBA. Interested parties must qualify w/resume and PFS prior to disclosure. See Broker for CIM. Please refer to listing #010158610 & ask for Randy Bring when inquiring.

 
   
   
Year Business was Established: 1982
   
Number of Employees: 110FT  
   
Facilities / Terms of Lease: 4K sq. ft. freestanding building on golf course @ $5500/mo.  
   
Potential Growth/Expansion: Unlimited  
   
Competition: Unknown  
   
Owner willing to finance: SBA= $2,156,000 @ 7.25% for 120 mos= $25,312/mo.  
   
Owner willing to train: Seller will train for 3 weeks  
   
Reason for selling: Seller starting new business  
 

 

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