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Established Restaurant with Equipment
For Sale
$300,000

198 Carmona Rd, Hot Springs Village, AR 71909

Restaurant business sale includes equipment, the established name, and recipes, with a new lease to be negotiated.

Property Size3,500 SF
Price / SF$85.71
Days on Market15

Property Features for 198 Carmona Rd

General Information

Standard status Active
Size 3,500 SF

Additional Details

Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $400
Listing Agency: Hot Springs Village Real Estate
Listed By: Scott Perry
Source: Exprealty
Added: Aug 4 Changed: Aug 17 Last Checked: Aug 17 at 9:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hot Springs Village Real Estate

Investment Insights

Based on property information with market context.

Restaurant business located at 198 Carmona Rd in Hot Springs Village, Arkansas, with approximately 3,500 square feet of property size. The offering includes the operating business, equipment, restaurant name, and recipes. The business has operated at this location for 18 years.

The sale is structured around the business and its associated assets rather than an existing lease. A new lease must be negotiated with the landlord. Showings are available by appointment with the listing agent present.

Key Highlights

  • Restaurant business operating at 198 Carmona Rd, Hot Springs Village, AR
  • Approximately 3,500 square feet of property size
  • Business has operated at this location for 18 years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Hair Salon HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Regions Bank Shops & Services
2,268 visits/mo 0.0 miles

Demographics for 71909, AR

17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business sale includes equipment, the established name, and recipes, with a new lease to be negotiated.
Where is this conventional restaurant located?
The property is located at 198 Carmona Rd Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Restaurant business operating at 198 Carmona Rd, Hot Springs Village, AR; Approximately 3,500 square feet of property size; Business has operated at this location for 18 years
More about this property
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