000 Annual Earnings Tallahassee, FL 32311

This thriving Tallahassee bar and grill, established in 2018, is offered for sale at $699,000. Boasting 6,000 square feet of space, it consistently generates over $234,000 in annual profits from approximately $1.3 million in annual sales. The lease, currently at $5,300 per month (inclusive of CAM fees), extends until January 31, 2025, with options to renew. This represents a low rent, well below market value, and only 6% of annual sales. The property includes a fully equipped kitchen with high-end appliances (including a Toastmaster Pro Series Gas Griddle, multiple fryers, a gas stove, various coolers and freezers, ice machine, prep tables, sinks, and POS systems) and a substantial bar area with ample seating for approximately 100 patrons. The current owner, selling for personal reasons, is willing to provide training post-sale (terms negotiable). The business benefits from a loyal customer base and a prime location, making it an exceptional opportunity for a new owner. The business currently employs 48 people. The sale includes extensive equipment, as listed in the detailed inventory. Projected sales for 2024 are $2 million. This turnkey operation is ready for immediate ownership.