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    12XXX Atlantic Blvd Coral Springs, FL 33071

    For Sale
    $165,000

    Turnkey Restaurant, High Revenue Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This thriving Coral Springs restaurant, located at 12430 W Atlantic Blvd (exact address withheld for privacy), presents a unique investment opportunity. Built in 2005, this 1,300 square foot retail space boasts a proven track record, generating close to $490,000 in gross annual revenue while operating only from 8 am to 4 pm, indicating significant potential for growth. The current lease is $3,200 per month, and the business nets over $75,000 annually with minimal overhead. All necessary equipment, including a hood and grease trap, is included in the sale price of $165,000. The property is ideally suited for expansion, with the possibility of adding a second cooking operation (2COP). Detailed financials are available upon request with proof of funds and a non-disclosure agreement (NDA). This is an excellent opportunity for EB-2 visa applicants or foreign investors. The property benefits from a burgeoning residential area, with over 500 new residences planned in a nearby development. Showings are available after 4:30 pm daily. Please respect the employees and refrain from discussing the sale on the premises. A sister restaurant with similar financials is also available for purchase.

    Property Features for 12XXX Atlantic Blvd

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.2644764
    Latitude
    26.240607

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High Revenue Potential
    Where is this restaurant located?
    The property is located at 12XXX Atlantic Blvd Coral Springs, FL.
    What is the asking price?
    The asking price for this property is $165,000.
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    12XXX Atlantic Blvd Coral Springs, FL 33071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12XXX Atlantic Blvd Coral Springs, FL 33071
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