2301 5Th AvePompano Beach, FL 33064
- Retail properties
- 4,000 SF
Property Details for 2301 5Th Ave
- Property size (Sq ft)
- 4,000 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
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.
Location Insight
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Latitude
- 26.2606
- Longitude
- -80.1159
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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