Fort Lauderdale, FL 33304

Presented By: This listing is courtesy of Your Home Sold Guaranteed Realty Associates;
  • MLS# A11478099
  • 10/30/2023
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

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.
Presented By: This listing is courtesy of Your Home Sold Guaranteed Realty Associates;

Interior Features for

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo

General for

Additional Parcels Y/NNo
Attached Garage No
Business TypeRestaurant
Carport Y/NNo
CityFort Lauderdale
CountyBroward County
Days on Market1
Garage Y/NNo
Gross Income1409855.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense33012.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPROGRESSO 2-18 D ALL BLK 312, LOT 1 TO 16 BLK 313 LESS STATE RD & THAT POR VAC NE 6TH LYING BETWEEN LOT 33 TO 48 BLK 312 & BLK 313 & E1/2 OF
Listing TermsCash
Lot Size UnitsSquareFeet
MLS Area3270
MLS Area MinorFt Ldale NE (3240-3270;3350-3380;3440-3450;3700)
MobileHomeRemainsYNNo
Net Operating Income335718.0
New ConstructionNo
Operating Expense1074137.0
PossessionClosingFunding
PostalCityFort Lauderdale
Private PoolNo
Property Attached Y/NNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
View Y/NNo
Waterfront Y/NNo
Zoning DescriptionCB

Exterior for

Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
SpaNo

Additional Details

Price History

Worth Clark

Price $599,000
MLS#A11478099
List Date 10/30/2023
Property Type Business Op
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