2915 E Las Olas Boulevard

Estimated monthly payment

$1,156 /mo

Principal and interest only, based on $44,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Listing Snapshot

Price

$220,000

Days on Site

60 Days

Bedrooms

0

Total Baths

0

Property Type

Commercial

MLS #

A12081758

County

Broward

Status

Active

About This Property

Turnkey Argentine cafe, bakery and pizzeria for sale on East Las Olas Blvd, steps from Fort Lauderdale Beach. Bariloche Gourmet is a fully operating business with a loyal local following and a 4.8-star rating across nearly 600 Google reviews, serving empanadas, alfajores, medialunas, fresh baguettes, pizza and specialty coffee from 7 AM daily.The space is fully built out: an open dining room seating approximately 30, a display bakery counter, beer and wine retail, five digital menu screens, and a separate production kitchen with full-size convection oven, pizza stone oven, 50-qt mixer, walk-in cooler, double and single rack freezers, refrigerated pizza prep table, three-compartment sink with sanitizer system, water heater, grease trap and hood in place and compliant.All furniture, fixtures, equipment and inventory convey per attached list, together with the trade name, recipes, website, social media and third-party delivery accounts. High-visibility corner with dedicated on-site parking on one of South Florida's busiest tourist corridors, surrounded by hotels, condos and the beach.Sale is of business assets and leasehold interest only; no real property is conveyed. Approximately 7 years remaining on the lease; buyer to assume subject to landlord approval. E-2 visa candidate. Financial records released after signed NDA. Please do not disturb employees. Showings by appointment with 24 hours' notice. BARILOCHE GOURMET - ARGENTINE CAFE, BAKERY AND PIZZERIA2915 E Las Olas Blvd, Fort Lauderdale, FL 33316An established, fully operating Argentine cafe, bakery and pizzeria on East Las Olas Boulevard, two blocks from Fort Lauderdale Beach. This is a going concern with its own customer base, its own brand and a complete production kitchen already built, permitted and running. The buyer is not opening a business. The buyer is taking over one that is already open.THE LOCATIONEast Las Olas Boulevard is one of South Florida's most heavily trafficked retail corridors, carrying both year-round local traffic and continuous tourist traffic between downtown Fort Lauderdale and the beach. The site sits on a high-visibility corner with dedicated on-site parking, which on this stretch of Las Olas is uncommon and materially affects daytime volume. Surrounding uses include hotels, oceanfront condominium towers, restaurants and the public beach, all within walking distance.The building is a single-story commercial structure of approximately 5,414 square feet on a 10,881 square foot parcel (Broward County folio 504212010700), zoned PRD. The business occupies a ground-floor retail unit with direct frontage and its own entrance.THE SPACEThe premises are fully built out and require no renovation to operate. The front of house is an open, light-filled dining room seating approximately 30, finished with wood-look porcelain flooring, exposed painted ceiling with track and pendant lighting, brick and shiplap accent walls, and hand-painted Argentine murals. Five digital menu screens run above the service counter.The service area is anchored by a run of refrigerated display cases for pastry, bakery and prepared foods, a hot display, a beer and wine retail section with imported Argentine products, and a pizza display. A separate back-of-house production kitchen, dishwashing area and dry storage room complete the layout, along with two restrooms.EQUIPMENT AND FIXTURES INCLUDEDAll furniture, fixtures, equipment and saleable inventory on hand convey at closing. The equipment list includes:- Full-size convection oven- Pizza stone oven- 50-quart mixer- Walk-in cooler- Double rack freezer and single rack freezer- Double-door refrigerated pizza prep table- Three display coolers and two warmer displays- Sliding glass door merchandiser refrigerator- Three-compartment sink with sanitizer detergent dispenser system- Water heater- Grease trap and exhaust hood, in place and compliant- Commercial espresso and coffee machine- Orange juice machine- Ice maker with tankless water dispenser- One 98-inch and two 48-inch stainless steel commercial work tables with undershelves- Five stainless steel shelving units- 14 wood tables and 30 chairs- Audio system, lighting system and camera recording system- One 95-inch and five 50-inch smart televisions- Point of sale systemA complete itemized inventory is attached to the listing agreement and is available to qualified buyers.WHY THE BUILD-OUT MATTERSOpening a comparable food operation from an empty shell in Fort Lauderdale typically takes twelve to eighteen months and substantial capital: architectural and MEP drawings, City of Fort Lauderdale permitting, grease trap and hood installation, fire and health inspections, DBPR food service licensing, and equipment procurement and installation. All of that work is complete here, inspected and operating. That elapsed time and cost is the principal value being transferred alongside the goodwill.BRAND AND CUSTOMER BASEThe business trades under the Bariloche Gourmet name and holds a 4.8-star average across nearly 600 Google reviews, with additional review presence on Yelp and TripAdvisor. The menu is Argentine comfort food executed in-house: empanadas, alfajores, medialunas, fresh baguettes and breads, sandwiches, pizza, pastries and specialty coffee. Doors open at 7:00 AM daily, with extended evening hours on weekends.Revenue reaches the business through four channels: walk-in counter and dine-in service, third-party delivery platforms (Uber Eats, Grubhub and Seamless), retail sales of packaged Argentine goods, beer and wine, and catering. A new owner inherits all four channels active on day one.WHAT CONVEYSThe sale includes the goodwill and the business as a going concern; the trade name "Bariloche Gourmet"; all furniture, fixtures and equipment per the attached inventory; saleable inventory on hand at closing; recipes and production methods; customer lists; the business telephone numbers; the website and domain; all social media accounts; the third-party delivery platform accounts and their accumulated ratings; supplier relationships; and all transferable licenses and permits. Title to personal property conveys by Bill of Sale Absolute.Trained staff are in place and available to remain, which allows for continuity of operations through the transition. The seller will provide a reasonable training and transition period, to be negotiated in the purchase contract.LEASEThe sale is of the business assets together with an assignment of the seller's leasehold interest. No real property is being conveyed; the seller is the tenant, not the fee owner. Approximately seven years remain on the lease term. Any sale is contingent upon the landlord's written consent to the assignment, and the buyer should expect the landlord to require financial and operating qualifications. A complete copy of the lease and all amendments is available to qualified buyers.E-2 VISAThe business is a candidate for an E-2 treaty investor visa. It is an active enterprise with an operating history, employees in place, a physical premises under a multi-year lease and verifiable books, which are the elements an immigration attorney will examine. Buyers pursuing an E-2 should engage their own immigration counsel; the listing broker makes no representation as to visa eligibility or outcome.FINANCIAL INFORMATION AND PROCESSFinancial records, including profit and loss statements, tax returns and the lease, are released to qualified buyers after execution of a confidentiality agreement and upon reasonable evidence of financial capability. No income or profitability figures are represented in this listing. All financial information originates with the seller, and every buyer is expected to conduct independent verification with its own accountant and attorney. The listing broker has not audited the seller's records and makes no warranty as to their accuracy.An earnest money deposit is required upon execution of the purchase and sale contract to commence the due di

General Features

Property Type

Commercial

Status

Active

Zoning

prd

Community & HOA

Financing Terms

Cash

MLS Area

3160