Bar & Lounge for Sale in Davie
$625,000 · MLS# A12068885
The Numbers
| Asking price | $625,000 |
|---|---|
| Gross revenue | $840,000 |
| Building size | 6,961 sq ft |
| Days on market | 90 days |
| Year established | 2023 |
| Years with the current owner | 3 |
| Price history | Reduced from $700,000 (−11%) |
| On the market | Listed August 9, 2026 (91 days) |
| Business type | Arts and Entertainment, Bar/Tavern/Lounge, Restaurant |
| Location | Davie, Broward County |
| MLS# | A12068885 |
About This Bar & Lounge
Gorgeous, fully built-out 258-seat restaurant offering approximately 6,961 square feet of versatile hospitality space, featuring two bars, two distinct dining areas, and a separate speakeasy-style lounge.The restaurant features a welcoming front dining room designed for traditional lunch and dinner service, along with a spacious back dining and event room accommodating approximately 150 guests. The back dining room includes a dedicated stage for live music and entertainment and also provides an excellent setting for private dining, corporate functions, networking events, birthdays, anniversaries, wedding celebrations, community gatherings, and other special events.The property also features a distinctive speakeasy-style lounge with its own private bar, intimate seating, custom lighting, and a cozy, upscale atmosphere. Accessible through a concealed bookshelf-style entrance, the lounge can operate during regular restaurant hours as an additional guest experience or be reserved independently for private gatherings and special events.The site includes four guest restrooms, with two conveniently serving the front dining and lounge areas and two located within the rear dining and event space.The approximately 6,961-square-foot facility also offers convenient complimentary parking in both the front and rear of the property.Located directly along University Drive, the restaurant is positioned within an active and continuing-growth corridor surrounded by residential communities, businesses, healthcare, higher education, and expanding retail and dining development.The versatility of the operation provides multiple potential revenue channels, including lunch and dinner service, private dining, catered events, corporate and community functions, live music/entertainment, and private lounge reservations.This is a unique opportunity for a new operator to acquire an established restaurant with an extensive existing build-out while retaining the flexibility to continue the current concept or introduce a new vision.About the BusinessYears in Operation:Approximately 3½ yearsEmployees:Approximately 20 employees, consisting of a combination of full-time and part-time staff.Franchise:No. Independently owned and operated family restaurant.Facilities & AssetsThe restaurant features an extensive commercial food-and-beverage infrastructure designed to accommodate both traditional restaurant operations and private events.The full commercial kitchen includes approximately 20 feet of hood space, two fryers, two grills, a walk-in cooler, and freezer, along with dedicated locked liquor storage and secured dry-storage and inventory areas.The facility is also equipped with a comprehensive security camera system, professional sound system, DJ station, custom lighting, stage, and entertainment infrastructure.One of the property’s most distinctive features is its separate speakeasy-style lounge, accessed through a concealed bookshelf-style entrance. The lounge features its own private bar, intimate seating, atmospheric lighting, and an upscale setting inspired by the character and exclusivity of the Prohibition or sleek modern era.The lounge can complement normal restaurant operations or function independently for private gatherings and special events.Combined, the main restaurant, rear dining and event space, commercial kitchen, two bars, entertainment infrastructure, and private lounge provide a future operator with considerable flexibility to create multiple guest experiences and revenue opportunities within one facility.Market Outlook / CompetitionThe restaurant occupies a highly visible location along the University Drive corridor in an area experiencing continued residential, commercial, healthcare, educational, retail, and dining development.The property is positioned near established and developing residential communities, major employment centers, Nova Southeastern University, Broward College, HCA Florida University Hospital, Memorial Hospital, and a growing collection of surrounding restaurants, retailers, and businesses.This combination creates a diverse built-in audience consisting of local residents, families, professionals, healthcare employees, university personnel and students, nearby businesses, and visitors to the area.The surrounding corridor continues to attract investment and development, strengthening consumer traffic and the area’s long-term potential.The restaurant’s versatility further distinguishes the operation by offering several hospitality experiences under one roof: traditional restaurant dining, private dining, live music/entertainment, corporate and community functions, catered special events, and an intimate speakeasy-style lounge.Opportunities for Continued GrowthThe business provides substantial opportunities for a new owner to build upon the existing operation and infrastructure.Continued residential and commercial development throughout the surrounding University Drive corridor is bringing additional families, professionals, businesses, healthcare employees, university-related traffic, and consumers into the immediate market.The restaurant is well positioned to serve both lunch and dinner crowds, including employees from surrounding businesses and institutions as well as residents from nearby communities.A new operator can further capitalize on the property’s multiple revenue-producing spaces by developing private dining, corporate events, community and networking functions, catered events, wedding and anniversary celebrations, live music/entertainment, and private speakeasy lounge reservations, while continuing to grow traditional restaurant operations.With an established commercial kitchen, two bars, multiple dining and event spaces, entertainment infrastructure, parking, and a distinctive private lounge already in place, the property provides a substantial foundation for continued growth under new ownership.
Ask About This Business
A licensed BreakThru Realty business broker can request the financials, the lease and the confidential information memorandum for you and walk you through them. Call or text (786) 914-1017 or email sales@breakthrurealty.com and mention MLS# A12068885.
Courtesy of
REF Realty Inc · Listing agent: Robert E Fuerst
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
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Comps and Market Insights
14 comparable businesses are for sale in Broward County at a median asking price of $450,000. This business asks 38.9% above that median. 5 comparable businesses sold in Florida in the last 12 months at a median of $450,000, 88.9% of asking, after a median of 117 days on the market.
Comparable Businesses for Sale
| Business | City | Asking | Gross revenue | Net income |
|---|---|---|---|---|
| Restaurant for Sale in Davie Courtesy of Capital Realty Int'l, Inc. | Davie | $499,000 | Not listed | Not listed |
| Restaurant for Sale in Hallandale Beach Courtesy of International Business Group LLC | Hallandale Beach | $560,000 | $1,264,934 | $236,929 |
| Restaurant for Sale in Fort Lauderdale Courtesy of Total R E Consultants Inc | Fort Lauderdale | $697,000 | Not listed | Not listed |
| Restaurant for Sale in Fort Lauderdale Courtesy of SFRMC Realty | Fort Lauderdale | $550,000 | $1,200,000 | Not listed |
| Restaurant for Sale in Plantation Courtesy of United Real Estate Advisors | Plantation | $450,000 | $379,000 | Not listed |
| Restaurant for Sale in Fort Lauderdale Courtesy of Easy Real Estate USA | Fort Lauderdale | $450,000 | $1,500,000 | Not listed |
Recent Business Sales
| Sold | Business type | City | Asking | Sold price | Days on market |
|---|---|---|---|---|---|
| 2026-08-18 | Restaurant Courtesy of Illustrated Properties | Melbourne | $295,000 | $385,000 | 93 |
| 2026-07-09 | Restaurant Courtesy of United Realty Group Inc | Weston | $490,000 | $380,000 | 111 |
| 2026-04-30 | Restaurant Courtesy of The Source Real Estate | Miami | $585,000 | $520,000 | 226 |
| 2026-04-01 | Restaurant Courtesy of Coldwell Banker Realty | Dania Beach | $695,000 | $450,000 | 295 |
| 2026-01-30 | Bar & Lounge Courtesy of Florida Realty of Miami Corp | Miami | $850,000 | $800,000 | 117 |
All recently sold businesses in Florida
Comparable means the same industry group (Restaurant / Food & Beverage) at a price within 40% of this business, in the closest area with at least 5 of them: the city, then the county, then Florida. A median needs 5 or more behind it. Businesses for sale start at $240,000, the lowest asking price these pages show. Source: active and closed business opportunity listings on the MLS. Asking prices are what sellers hope for; sold prices are what buyers paid. Names of sold businesses are withheld. These figures compare listings. They are not a valuation of this business.
Similar Businesses for Sale
$499,000 Restaurant for Sale in DavieRestaurant · Davie, FL · MLS# A11964803Courtesy of Capital Realty Int'l, Inc.
$450,000 Restaurant for Sale in PlantationRestaurant, Retail · Plantation, FL · Gross $379,000 · MLS# A12116957Courtesy of United Real Estate Advisors
$560,000 Restaurant for Sale in Hallandale BeachCommercial, Restaurant · Hallandale Beach, FL · Net $236,929 · Gross $1,264,934 · MLS# A12114477Courtesy of International Business Group LLC
$450,000 Restaurant for Sale in Fort LauderdaleArts and Entertainment, Restaurant · Fort Lauderdale, FL · Gross $1,500,000 · MLS# A12104090Courtesy of Easy Real Estate USA
$245,000 Restaurant for Sale in PlantationArts and Entertainment, Commercial, Franchise, Restaurant, Retail · Plantation, FL · Gross $2,025 · MLS# A12102446Courtesy of AR1 State of the Art Real Estate, Inc.
$850,000 Bakery for Sale in Oakland ParkBakery, Food & Beverage, Restaurant, Retail · Oakland Park, FL · MLS# B26080179Courtesy of Keller Williams Realty Profess
$550,000 Restaurant for Sale in Fort LauderdaleCommercial, Restaurant · Fort Lauderdale, FL · Gross $1,200,000 · MLS# A12094696Courtesy of SFRMC Realty
$1,950,000 Restaurant for Sale in HollywoodArts and Entertainment, Restaurant · Hollywood, FL · MLS# A11978729Courtesy of Atlantic Grand Realty, LLC
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