0 Fully Equipped Restaurant For Sale In Putnam County! Bardin, FL 32177
This turnkey restaurant opportunity in Palatka, Florida, presents a unique chance to own an established business. Located in Putnam County (zip code 32177), this 1,230-square-foot retail space is currently operating and fully equipped with all necessary kitchen equipment, including fryers, a hood system, cooler, freezer, stove, flat-top grill, shelving, and prep tables. The lease, expiring January 31, 2027, offers a monthly rent of $1,125, inclusive of CAMs, taxes, and insurance. The current setup includes seating for eight inside, plus six picnic tables and a fire pit outside. The business has a gross revenue of $290,000 and employs three people. The seller is motivated to sell due to health reasons. Inventory is not included in the asking price of $79,999. While traditional SBA financing isn't available, unsecured lending options may be available for qualified buyers with a credit score of 680 or higher. This prime location boasts excellent visibility and accessibility, situated in a growing downtown area with numerous new developments. The potential exists to expand hours to cater to events and capitalize on the area's popularity. This is an exceptional opportunity to avoid the lengthy and costly process of building out a new restaurant and instead step directly into a ready-to-operate business.
Cap rate
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Property description
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