Iconic South Florida Restaurant with Entertainment & Event Venue
South Florida full-service restaurant and waterfront event venue
On NextCompany since September 1, 2026 (44 days)
FL areaEstablished 200550 FT + 40 PT employees
Business overview
This full-service restaurant and event venue operates in South Florida. The 15,000 square foot waterfront facility holds a restaurant, bar, patio, and event spaces. The restaurant serves breakfast, lunch, dinner, Sunday brunch, and happy hour. The venue hosts live music, weddings, corporate events, private parties, and catering.
Seating covers more than 500 guests. Gross revenue is $8,866,858. Cash flow is $1,107,316. The asking price is $4,500,000.
Who is a good fit for this business
- Owner-operators who will run this South Florida restaurant about 40 hours each week.
- Hospitality buyers who want restaurant, bar, catering, and event income in Florida.
- Operators who can lead 50 full-time employees and 40 part-time employees.
- Buyers prepared to close this leased venue with a $4,500,000 cash down payment.
Details
- Reason for selling
- Starting a new venture
- Real estate
- No real estate
- Monthly rent
- $11,028
Frequently Asked Questions
This South Florida hospitality business runs a full-service restaurant and a bar. Guests also book weddings, corporate events, private parties, and catering. The waterfront site spans 15,000 square feet with a large outdoor patio. More than 500 guests can sit across the dining and event rooms. Staff serve breakfast, lunch, dinner, Sunday brunch, and happy hour.
Sunbelt Business Brokers of South Florida asks $4,500,000 for this restaurant. Gross revenue is $8,866,858. Cash flow is $1,107,316.
The sale includes $40,000 of inventory. Furniture, fixtures, and equipment come with the sale at $250,000. Buyers do not acquire the real estate. Monthly rent is $11,028 for the 15,000 square foot building.
This cash sale asks buyers to fund $4,500,000 at closing. The down payment equals the full asking price. Sunbelt Business Brokers of South Florida lists no seller-financed balance.
The owner is starting a new venture. The business has operated since 2005. The owner works 40 hours per week. Fifty full-time employees and 40 part-time employees staff the restaurant.