|
|
Exceptional opportunity to acquire a profitable and rapidly growing restaurant in one of South Florida's most recognizable and highest-traffic destinations. Located at the gateway to Fort Lauderdale Beach on East Las Olas Boulevard, just steps from the iconic Elbo Room and surrounded by hotels, nightlife, beaches, shopping, and year-round tourism, this business benefits from exceptional visibility and a constant flow of pedestrian and vehicle traffic. Operating successfully for only two years, the restaurant has already established a loyal customer base, strong brand recognition, and proven profitability, leaving significant upside for a new owner. Tremendous growth potential exists through expanded operating hours, catering, delivery, marketing initiatives, franchising opportunities, and menu expansion. Turnkey operation with established systems, trained staff, and a prime location positioned for continued success. Whether you're an experienced operator seeking to expand or an entrepreneur looking to own a thriving business in one of Fort Lauderdale's most desirable commercial corridors, this is a rare opportunity to purchase a profitable operation with tremendous upside in an irreplaceable location. Financial information available upon execution of a confidentiality agreement.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,144 | $1,144 | $1,144 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,645 | $4,772 | $6,717 |
| Total Monthly Payment | $5,881 | $6,008 | $7,953 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.