1300 S Federal Hwy Local commercial 250 m² À vendre Dania, FL 33004 4 893 768 € (19 567,64 €/m²)

John DeMarco with RE/MAX 5 Star Realty is proud to present the sale of Shenanigans Restaurant and Sports Pub. Founded in 1992, Shenanigans has been successfully operating for over 34 years and is widely regarded as a local landmark and major destination in South Florida. The restaurant is well known for its fresh food, loyal patron base, quality service, and lively, entertaining atmosphere. This once­ in­ a ­lifetime acquisition opportunity includes A+ real estate, the operating business, and a 4COP liquor license, all located at 1300 S Federal Highway, Dania Beach, Florida. The physical property consists of 2,607 SF of building area, along with an additional 1,500+ SF outdoor patio and tiki bar with approved dining seating. The restaurant is situated on a large half­acre parcel, adjacent to McDonald’s, and offers ample parking along with its own drive­thru window. This prime location is known for award­winning BBQ, wings, fresh fish, and burgers, and holds the only approved 4:00 AM liquor license in the City of Dania Beach. The property has been fully upgraded with over $1,500,000 in recent improvements, including new parking lot asphalt, new bathrooms, new TVs, new kitchen equipment, new roofs, new HVAC systems, a new front seating area, new decking, full hurricane­impact windows and sliding doors, and more. The restaurant is in excellent overall condition. The outdoor patio and tiki bar are a rare offering along the US­1 corridor in Dania Beach. This is a turn­key operating business that includes the 4COP liquor license (valued at approximately $350,000), all FF&E, equipment, licenses, inventory, and existing management. All staff will remain in place, and the current owner will provide a generous transition and coaching period. The owner is retiring after more than 40 years in the industry. The $5,750,000 purchase price is allocated as follows: $3,750,000 for the real estate and $2,000,000 for the business. Seller financing is available with 30% down at 7% interest. The property qualifies for an E­2 visa. The business generates approximately $4,000,000 in annual gross operating income, with net operating income of approximately $400,000, providing an investor with an above­ average market capitalization rate of approximately 7%.