000 Income! Orlando, FL 32806
- Retail properties
- 1,000 SF
Current Use by Public Records
- Retail properties
Property Details for 000 Income!
- Year built
- 1998
- Property size
- 1,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Orlando restaurant, established in 1998, is offered for sale at $120,000. Boasting a 1,000 square foot space, it's located in a prime area with high foot traffic – over 49,000 vehicles pass daily, and over 214,000 potential customers reside within a 5-mile radius. The restaurant has consistently generated over $95,000 in annual income for several years, making it a sound investment opportunity. The current lease expires December 30, 2025, with a monthly rent of $3,232.25. The sale includes a fully equipped kitchen featuring a seven-foot hood, in-ground grease trap, fryer, three-compartment sink, steamer, wok, microwave, Hobart dough mixer, rice cooker, and ample refrigeration. Additional assets include smallwares, shelving, prep tables, a BBQ smoker, meat slicer, tables, chairs, flatware, serviceware, and a security system with cameras. A pylon sign is also included. The current owners, retiring after many years of success, will provide up to five days of training to ensure a smooth transition. Significant growth potential exists through expanded delivery services, catering, and increased marketing efforts. The restaurant currently operates five days a week, with seating for 35 patrons. This is a turnkey operation ready for a new owner to take the reins and build upon its existing success. This is a leasehold business.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3564
- Latitude
- 28.5086
