For Sale
$1,500,000

2301 5Th Ave Pompano Beach, FL 33064

Thriving Bar, $1.5M, Net Lease, FL

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fully operational bar in Pompano Beach, Florida, situated within a bustling shopping center. The 4,000 square foot, single-story establishment boasts a prime location at 2301 NE 5th Ave, 33064, in Broward County. Currently operating under a Net Lease (NNN) agreement with $12,000 per month in net rent, including CAM and pass-through charges, the lease has four years remaining with a five-year option. The asking price of $1,500,000 includes all furniture, fixtures, and equipment (FF&E), along with valuable licenses, notably a Broward County 4-COP alcoholic beverage license currently valued at $425,000. The business generates impressive gross weekly sales of $50,000, with a net profit of $30,000 (owner verification recommended). The bar features gorgeously updated lighting, décor, and a state-of-the-art sound system, creating a premier nightlife destination. It offers a full menu of food and signature cocktails, complemented by VIP bottle service and private rooms. Ample shared parking is available within the shopping center. This turnkey operation presents a rare opportunity to acquire a profitable, established business with significant upside potential in a high-traffic location. The sale includes the leasehold interest and all necessary licenses for continued operation.

Highlights

  • $1,500,000 asking price for a 4,000 SF retail bar in Pompano Beach, FL.
  • Net lease with $12,000/month rent, 4 years remaining plus a 5-year option.
  • Gross sales reported at $50,000/week, net $30,000/week (owner verification required).
  • Includes all FF&E, licenses (including a $425,000 Broward County 4-COP alcoholic beverage license), and leasehold interest.

Property Details for 2301 5Th Ave

Property type
Retail properties, Bars
Square Feet
4,000 SF
Buildings
1
Stories
1

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2605821
Longitude
-80.1159253

FAQs

What type of property is this?
Retail property - Thriving Bar, $1.5M, Net Lease, FL
Where is the retail property located?
The property is located at 2301 5Th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price for a 4,000 SF retail bar in Pompano Beach, FL.; Net lease with $12,000/month rent, 4 years remaining plus a 5-year option.; Gross sales reported at $50,000/week, net $30,000/week (owner verification required).
How can I contact the broker?
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2301 5Th Ave
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