Hot Listing
Google 4.4 star Asian Resturant, Yelp 4.5 star
Business Description
2500 S/f. $6000.Rent. in downtown Fort Lauderdale, walk to Los Olas
Established Asian restaurant in prime downtown Fort Lauderdale location offering exceptional value and growth potential. This well-regarded establishment has built a strong reputation since 2022, earning 4.4 stars on Google and 4.5 stars on Yelp.
FINANCIAL HIGHLIGHTS:
• Annual revenue: $926,895
• Asking price: $150,000 (includes $1,000 inventory)
• Monthly lease: $6,024 for 2,500 sq ft (excellent value for downtown location)
• Lease term through February 2027
• Strong catering revenue stream covers rent expenses
LOCATION ADVANTAGES:
• Prime downtown Fort Lauderdale positioning
• Walking distance to Las Olas Boulevard entertainment district
• Near Brightline train station for easy access
• 7 minutes from airport
• Surrounded by banks, law firms, courthouses, and schools
• High tourist and local foot traffic from cruise terminals and Miami visitors
OPERATIONAL BENEFITS:
• Fully equipped kitchen with $150,000 in FF&E
• Complete equipment package in excellent condition
• 9-person staff in place
• Head chef available to stay on
• Established menu featuring popular ramen and Peking duck
• Outdoor dining capability
• Warm, cozy atmosphere with wooden decor and vintage furnishings
This turnkey operation offers immediate income potential with an absentee owner model. The combination of strong financials, prime location, affordable rent, and established customer base creates an exceptional investment opportunity in Florida's thriving restaurant market. Current owner relocating - cash transaction preferred.
FINANCIAL HIGHLIGHTS:
• Annual revenue: $926,895
• Asking price: $150,000 (includes $1,000 inventory)
• Monthly lease: $6,024 for 2,500 sq ft (excellent value for downtown location)
• Lease term through February 2027
• Strong catering revenue stream covers rent expenses
LOCATION ADVANTAGES:
• Prime downtown Fort Lauderdale positioning
• Walking distance to Las Olas Boulevard entertainment district
• Near Brightline train station for easy access
• 7 minutes from airport
• Surrounded by banks, law firms, courthouses, and schools
• High tourist and local foot traffic from cruise terminals and Miami visitors
OPERATIONAL BENEFITS:
• Fully equipped kitchen with $150,000 in FF&E
• Complete equipment package in excellent condition
• 9-person staff in place
• Head chef available to stay on
• Established menu featuring popular ramen and Peking duck
• Outdoor dining capability
• Warm, cozy atmosphere with wooden decor and vintage furnishings
This turnkey operation offers immediate income potential with an absentee owner model. The combination of strong financials, prime location, affordable rent, and established customer base creates an exceptional investment opportunity in Florida's thriving restaurant market. Current owner relocating - cash transaction preferred.
About the Business
- Years in Operation
- 3
- Facilities & Assets
- The facilities and assets included with the business are a Peking duck oven, some wok stove equipment for making Japanese sashiimi and sushi and ramen noodles, walking in refrigerators, a full set of tables and chairs, air conditioning, and a complete set of restaurant equipment. ... all of those are looking new and ready to use as soon as you walk in.
- Website
- https://ichimoraftl.com
- Market Outlook / Competition
- The resturant is located in downtown Fort Lauderdale ,Which is home to many banks, low firms, courthouses, and schools. It's within walking distance to Las Olas, a very lively street, and also with walking distance to the Brightline train station. The airport is about 7 minute drive away, and the area attracts a lot of tourists as well as local guests,including those arriving by cruises or plane, and vistors to Mimai, making it a great market.
- Opportunities for Growth
- The restaurant has built an excellent reputation over four years of operation, with an approximate rating of 4.5 and we have a great clientele. We are famous for our ramen and peking duck. and you can continue using our original menu,or feel free to introduce your own creations. Additionally, the rent in downtown Fort Lauderdale is $6000 for 2500 S/F which is quite rare. We also have a solid customer base for catering, the catering revenue bout can cover the rent, making this a very worthwhile business opportunity.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $6,024.00 per month
- Lease Expiration
- 2/1/2027
About the Sale
- Seller Motivation
- Moving
- Transition Support
- Our head chef can stay on and all the equipment is complete and in perfect condition, so you can start operating as soon as you arrive.
- Financing Options
- cash
Listing Info
- ID
- 2406553
- Listing Views
- 891
Listing ID: 2406553 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.
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