Jacksonville Beach, FL 32250
- Commercial real estate
- 3,000 SF
Current Use by Public Records
- Commercial real estate
Property Details
- Property size
- 3,000 SF
- Property type
- Commercial real estate
Description
This profitable, 3,000 square foot restaurant in Jacksonville Beach, Florida is available for $399,000. Boasting a prime location near Beach Boulevard and I-295, it enjoys high visibility and significant foot traffic (AADT over 55,000 vehicles). The business currently generates a Net Operating Income (NOI) of $160,000 and employs 12 staff members. The restaurant operates within a leased space, situated amongst reputable anchor stores. The sale includes a new HVAC system, a beer and wine license, and an assumable lease with no exit fees from the franchise agreement. The current owner is providing training and support for a smooth transition, and the sale is due to the owner pursuing a new career. This turnkey operation presents a fantastic opportunity for a savvy entrepreneur to either continue the established franchise or rebrand the location to expand the business and attract a wider customer base. The property is located in Duval County, Florida, zip code 32250. This is a rare chance to acquire a well-established, profitable restaurant in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jacksonville Beach
- County
- Duval
- State
- Florida
- Longitude
- -81.4609
- Latitude
- 30.2607
