Upscale Steakhouse & Restaurant – $2M Recent Buildout

Asking Price$400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Upscale Steakhouse & Restaurant – $2M Recent Buildout


Asking Price$400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Rare opportunity to acquire a high-end steakhouse and fine-dining restaurant in the heart of Downtown Hollywood, Florida, featuring an approximately $2 million recent buildout and a prime location within one of the area's most active dining and entertainment districts.

The restaurant features an upscale interior with high-end finishes, a fully equipped commercial kitchen, full bar, private dining and event space, and extensive existing restaurant infrastructure. The current concept offers premium steaks, Wagyu selections, fresh seafood, handmade pastas, craft cocktails, and an extensive wine program, creating an elevated dining experience suited for special occasions, private events, and everyday dining.

A major advantage of this opportunity is the substantial existing buildout, allowing an incoming operator to acquire a professionally designed and substantially completed restaurant without the significant time and expense typically associated with building a comparable high-end concept from the ground up.

The business operates under a long-term lease extending through July 2033. Current occupancy costs consist of $12,127.50 per month in base rent plus $5,770.80 per month in CAM.

Strategically positioned in Downtown Hollywood near Young Circle and Hollywood Boulevard, the restaurant is surrounded by restaurants, nightlife, hotels, residential communities, entertainment, and continued mixed-use development. The location provides exposure to both the established local customer base and visitors to the Downtown Hollywood area.

Gross sales information will be provided as available to qualified buyers. The underlying real estate is not included in the sale.

Please do not disturb the business, employees, or customers. Additional information and the exact location will be provided to qualified prospects upon execution of a confidentiality agreement.
About the Business
Years in Operation
2
Facilities & Assets
The business occupies a recently built-out, high-end restaurant space featuring an approximately $2 million buildout. The location includes a commercial kitchen, full bar, upscale dining areas, private dining/event accommodations, and substantial existing restaurant infrastructure. Specific FF&E and equipment included in the sale should be confirmed prior to closing.
Market Outlook / Competition
Located within the Downtown Hollywood dining and entertainment district, the business benefits from proximity to Young Circle, Hollywood Boulevard, restaurants, bars, residential communities, hotels, and ongoing development. The location provides access to a mix of local residents, professionals, tourists, and visitors throughout the year.
Opportunities for Growth
An incoming operator has the opportunity to build upon the restaurant's existing high-end buildout and prime Downtown Hollywood location. Potential growth opportunities include expanding private events and corporate dining, increasing marketing and local partnerships, developing special dining experiences, and further leveraging the surrounding residential, hospitality, nightlife, and entertainment activity.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,320
Rent
$12,130 per month
Lease Expiration
2/28/2031
Listing Info
ID
2545149
Listing Views

Listing ID: 2545149 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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