Listing Number: 2201-523650
Description
Unlock the potential of a prime dining and entertainment venue with the exclusive asset sale of Oris Restaurant and Lounge in Hollywood, FL's bustling heart. This is a rare opportunity to acquire a turnkey operation that includes the highly sought-after COP4 license, enabling the sale of alcohol for on-premises consumption across Broward County.
Oris Restaurant and Lounge comes fully loaded with top-of-the-line kitchen and bar equipment valued at over $300,000 in furniture, fixtures, and equipment (FFE) and more than $30,000 in inventory. The modern, stylish interior and well-maintained facilities make it an ideal spot for attracting a vibrant crowd.
The versatility of this asset sale offers multiple pathways to success. Continue the thriving business as it stands, or harness the premium assets to launch a fresh, innovative concept in this high-traffic location. With a robust inventory and comprehensive setup, the new owner can hit the ground running.
Seize this exceptional chance to own a standout venue in one of South Florida's most dynamic markets.
Listing Details
- Price: $875,000
- Down Payment: $775,000
- Sellers Discretionary Earnings: $208,369
- Total Sales: $1,023,488
- Location: Broward County, Florida
- Inventory: $30,000
- FF&E: $251,451
- Employees:
- Year Established: 2022
- Reason for Selling: Relocation
- Category: Liquor Related Biz
Contact Agent:
![Ralph Geronimo](https://s3.amazonaws.com/publicimagestw/a0ba000000HG5cEAAT-Geronimo.png)
- Ralph Geronimo
- Phone: (305) 405-8848
- Email: rgeronimo@tworld.com