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OFF-MARKET
Retail properties & Spaces

0 Turnkey Chicken Concept Restaurant For Sale With Real Est Tallahassee, FL 32311

1,363 SF
Property ID
Property summary
AI-generated overview

This exceptional turnkey chicken restaurant in Tallahassee, Florida, presents a rare opportunity for ownership. Established in 2023 and boasting $938,567.65 in net sales and $56,106.81 in owner benefit during its first year of operation, this business is a proven success. The 1,363 square foot space includes a drive-thru, significantly contributing to its high sales volume. The property underwent renovations in 2022, resulting in a modern and efficient layout. The restaurant features ample indoor seating for 36 patrons, plus outdoor seating for 16, and a fully equipped kitchen with walk-in cooler and freezer, multiple fryers, a flattop grill, and extensive prep areas. Equipment includes a POS system, security and camera systems, and ample dry storage. The current operating hours are 5:30 AM to 8:00 PM, leaving significant potential for increased revenue by extending hours, currently closed on weekends. The sale includes the recipes, name, and concept, offering a seamless transition for the new owner. Minimal competition in the area ensures a strong market position. The real estate is included in the asking price of $1,299,000. This is a fantastic opportunity for an experienced restaurant operator or someone looking to enter the industry with a proven, profitable business. The seller is relocating, providing a unique chance to acquire a well-established and successful business with significant growth potential. Seven full-time and ten part-time employees are currently in place.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,363 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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