Fort Lauderdale, FL

Asking Price: $$499,000.00

Cash Flow: $N/A

AAA Location Fort Lauderdale Fort Lauderdale - Great location discover an extraordinary opportunity to own a thriving Fort Lauderdale gem. Brand new restaurant fully renovated. The opening was in the middle of summer June 2024 and first 7 months of sales is $493,000 without advertising. These numbers are particularly strong for a brand-new restaurant opening in the middle of summer. The restaurant is only open 5 days a week with these high sales. A total build out is done for a new owner without the headaches of permits, inspections, and delays. It has an outside patio to make this restaurant one of the only unique setups in Fort Lauderdale. Great low lease $7,725. The restaurant inside is 1500 sqft with 47 seats inside and an outside patio you could get up to 75 seats if you wanted to. Updated underground grease trap. The restaurant has a beer and wine license, but you may be able to add a liquor license from the state 4cop-sfs with the additional sqft with the outside patio and the additional seats in the outside patio. The outside patio is getting ready to open and be utilized with additional outdoor seating which will bring higher revenue since it has been operating with the 47 seats inside only. The outside patio is getting renovated. The owner has multiple restaurants which are not the same concept as this location and this location is a different concept modern style upscale diner, so they want to focus on their original concept Mediterranean cuisine. Sales are great without any advertising. It will be difficult for the owner to promote this new concept without jeopardizing all the other locations they have. Must see to appreciate and relate to having a brand-new restaurant built out and ready to go as is or change concept. This restaurant boasts a 4.7-star rating, an eclectic menu that delights foodies, and a stunning backyard perfect for private events, parties, and themed celebrations like Valentine’s and Super Bowl gatherings. With indoor and outdoor spaces that can transform any vision to fit, this turnkey operation offers endless potential. Must see to appreciate!!!

Location: Fort Lauderdale, FL Real Estate: Leased Building SF: 1,500 Lease Expiration: 10/31/2038 Employees: 9 Facilities: Fully built out restaurant and kitchen Growth & Expansion: "Since opening in June 2024, The Food Republic has generated an impressive $492,473 in total sales in just seven months. This includes $385,452 from dine-in sales, $87,251 from online orders, and $19,770 in catering revenue, averaging $82,078 per month. These numbers are particularly strong for a brand-new concept in a space that had been vacant for four years. Notably, all revenue has been generated exclusively from the 40+ indoor seats, as the back patio (1910 at The Food Republic) has yet to be utilized. Additionally, the restaurant operates just five Support & Training: Yes 3 weeks Reason for Selling: Owner has multiple concepts all the same, but this one was going to be a totally

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