Fully Built Turnkey Restaurant Space Perfect For American Or Cuban Fort Pierce, FL 34950
- Retail properties
- 1,800 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Fully Built Turnkey Restaurant Space Perfect For American Or Cuban
- Year built
- 2021
- Property size
- 1,800 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This fully built-out, 1,800-square-foot restaurant in Hobe Sound, Florida, is a turnkey opportunity for discerning entrepreneurs. Built in 2021, the space features a high-end kitchen with a 12-foot hood, a six-burner stove, flat-top grill, two-basket fryer, and a regular grill—perfect for various cuisines, including American and Cuban. The restaurant boasts over 50 seats and a large bar, ready to serve. The asking price is $40,000, and the current lease, expiring June 17, 2024, includes two renewal options at a monthly rate of $3,055. The sale includes a substantial amount of equipment, including multiple refrigerators, freezers, ovens, fryers, a commercial dishwasher, and ample prep tables. The existing business generated $165,000 in gross revenue and benefits from a positive online presence and established customer base. The seller is relocating and offering two weeks of training. The location offers direct beach access, making it ideal for attracting both local and tourist clientele. This presents a unique chance to either expand the existing business or implement a new concept in a prime Hobe Sound location. The space allows for potential expansion, including outdoor seating. Opportunities exist for catering and events, further increasing revenue streams. All necessary licenses and permits are in place for a smooth transition.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- Martin county
- State
- Florida
- Longitude
- -80.3269
- Latitude
- 27.4414