555 Scenic Hwy Pensacola, FL 32503

This offering features a fully operational restaurant and catering business in Pensacola, Florida. The sale encompasses two properties, including all buildings, furniture, fixtures, and equipment. Agapi Bistro, situated at 555 Scenic Hwy, is a 2,865 sq ft restaurant equipped with a full bar, commercial kitchen, and outdoor event space. Recent renovations include a new roof in 2020 and a 7.5-ton HVAC system in 2024, along with a seal-coated parking lot. The adjacent Nancy's Catering and Events building, located at 3206 DeSoto St., is a 2,964 sq ft metal building constructed in 2014, featuring an 18-foot ceiling, a 532 sq ft mezzanine, and ample storage. The combined sales for 2024 were $1,830,000, with Agapi Bistro generating $1,372,000 and Nancy's Catering contributing $458,000. The turnkey operation includes a delivery van, a box truck, and catering supplies suitable for up to 400 guests. The business has a 11.5% CAP rate and a net operating income of $225,000, with potential for increased revenue through the addition of lunch service. Owner financing may be available for qualified buyers.