Pompano Beach
Asking Price: $575,000
Cash Flow: $
Business Description
Established Neighbor Bar and Grill
This well-established neighborhood bar and restaurant represent a compelling acquisition opportunity in Pompano Beach's thriving hospitality market. With 37 years of continuous operation, the business has built a loyal customer base and demonstrates strong operational fundamentals.
FINANCIAL PERFORMANCE:
Annual gross revenue of $1.2 million with owner benefit of $217,791, reflecting solid profitability margins typical of successful food and beverage establishments.
FACILITY SPECIFICATIONS:
The 5,600 square foot facility accommodates 155 indoor seats and 25 outdoor seats, providing substantial capacity for revenue generation. The operation features a full-service liquor license and comprehensive kitchen facilities equipped with dual hood systems and complete commercial-grade equipment.
OPERATIONAL ADVANTAGES:
Monthly rent of $12,238 represents reasonable occupancy costs relative to revenue performance. Established staffing infrastructure ensures seamless operational continuity. The seller provides 30-day training support to facilitate successful ownership transition.
STRATEGIC POSITIONING:
Located within Pompano Beach's designated Development District, the business benefits from coordinated economic development initiatives supported by the City, Chamber of Commerce, Economic Development Council, and Community Redevelopment Agency. These partnerships provide access to improvement grants and business development resources.
TRANSITION FLEXIBILITY:
New ownership may continue operating under the established brand identity to maintain existing customer relationships and cash flow, or gradually implement concept modifications to align with strategic objectives.
This turnkey operation offers immediate income generation potential with established systems, trained personnel, and strong community presence. The seller will provide comprehensive documentation and transition support to qualified buyers.
Detailed Information
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