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Investment Opportunity

City

N Federal Hwy
Fort Lauderdale, FL, 33304
$599,000
Beds
0 Baths
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0 Acres
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$599,000
N Federal Hwy
Fort Lauderdale, FL, 33304
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Project Description

Successful and profitable Chinese restaurant in South Florida for nearly 60 years and winner of the best Chinese restaurant in the region, for several consecutive years, is offered for sale. Serving delicious, authentic Chinese dishes made with the finest ingredients, comfy decor and friendly service, this restaurant does it all in a relaxed atmosphere, including dumplings, slices of caramelized roast pork, and beef lo mein. The restaurant has a full bar that is a popular draw with recurring customers; the restaurant has a 4COP SFS alcohol license that is transferable to the next owner. Great sales growth at compounded growth rate (CAGR) of nearly 15% from 2019 to 2022. Accurate financial records, ideal for owner operator or for foreign buyers requiring investment visas.

Property Details

Price:
$599,000
MLS #:
A11478099
Status:
Active
Beds:
0
Bathrooms
0
Type:
Business
City:
Fort Lauderdale
Date of List
Oct 30, 2023
State:
FL
ZIP Code
33304

Schools

Interior

Exterior

Financial

Buyer Agent Compensation
5%%
Net Operating Income
$335,718

Map

Quick Information

passive income in dollars

Profitability of the Property

Net Monthly Income:
Annual Profitability of:

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N Federal Hwy
Fort Lauderdale, FL