6K SF Coconut Creek Restaurant & Bar - Ideal Shopping Plaza Location

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6K SF Coconut Creek Restaurant & Bar - Ideal Shopping Plaza Location


Asking Price: $750,000

Asset Sale Description
Busy Coconut Creek Shopping Plaza Restaurant & Bar - 6k SF
For sale is a spectacular second-generation restaurant located in a vibrant Coconut Creek Shopping Plaza, bustling with retail and dining venues. This fully equipped restaurant spans approximately 6,000 square feet and features a spacious patio area ideal for any dining concept. With a substantial customer base and excellent location, the establishment offers an exciting opportunity for ambitious restaurateurs.

Highlights:

Prime Location: Nestled in a premier upscale shopping and lifestyle plaza that includes high-end retail stores and a major movie theater, ensuring heavy foot traffic.
Vast Space: A 6,000 square-foot area that is fully built-out, featuring a large patio that complements the interior space.
Robust Sales: Demonstrated strong revenue with three-year average sales of approximately $3.8 million, driven by its strategic location.
Flexible Purchase Options: Available for $750,000, including all kitchen equipment and furnishings, with the seller open to partnership or outright sale of assets.
Secure Lease: Long-term lease in place with over 15 years remaining, at a gross lease rate of $23.5K per month.
This opportunity is perfect for experienced operators looking to capitalize on a turnkey facility in a highly desirable area. For more details and to discuss potential partnership or purchase options, please contact us to request a Non-Disclosure Agreement (NDA).

Reason for Sale: Ownership is shifting focus to larger ventures after resolving previous management challenges, presenting a unique opportunity for new operators to take over this well-established location.

Seller's Pitch: Offered is a prime restaurant location within a bustling shopping plaza in Coconut Creek, previously managed by an external team. Despite the strong reputation of the brand, local management performance did not meet expectations, leading to a downturn in sales since 2022. This site needs a dedicated operator who can revitalize its potential.

Creative Deal Structuring: The seller is flexible with deal structuring. Options include retaining the current brand under a new operational strategy or pursuing a straightforward asset sale for introducing a new concept.

Marketing Highlights: Located in a vibrant area within a premier lifestyle plaza, the restaurant benefits from its strategic position among top-tier retail outlets, a major movie theater, and other high-end dining establishments. This is a blind listing, and as such, details that could explicitly identify the restaurant will be omitted to maintain confidentiality.
Detailed Information
Years in Operation
5
Facilities & Assets
Turn Key: beautiful buildout; large bar; large dining room; large patio; ample parking within plaza
About the Sale
Transition Support
Ownership is willing to agree to a certain amount of time to support and train new buyers
Seller Motivation
READ BODY OF LISTING
Listing Info
ID
2331415
Listing Views
774
Attached DocumentsAttachment Disclaimer

2025_Prakas_Co_NDA.pdf


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Listing ID: 2331415 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.