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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2024 Profits Will Be $185 000 Jupiter, FL 33477

1,475 SF Built 2012
Property ID
Property summary
AI-generated overview

This established Jupiter, Florida restaurant presents a compelling investment opportunity. Boasting 1,475 square feet of space in a vibrant shopping center with a "Key West" ambiance, this 12-year-old business offers both indoor and outdoor seating for approximately 70 guests. The location benefits from high visibility and easy access to affluent communities like Jupiter, Palm Beach Gardens, and Tequesta, drawing a substantial customer base from across Palm Beach County and beyond. With over 125,000 residents in the immediate trade area boasting average household incomes exceeding $100,000 annually, the restaurant enjoys a strong and growing market. The current lease, expiring October 31, 2026, includes a five-year option and a remarkably low monthly rent of $5,596 (inclusive of CAMs and taxes), representing less than 6% of gross sales. The fully equipped commercial kitchen features a 12-foot exhaust hood, a six-eye burner, flat top, two ovens, three fryers, and ample commercial refrigeration. The restaurant holds a 2COP license, allowing for beer and wine service. Financial performance is exceptional, with 2023 sales exceeding $1,326,204 and projected 2024 net owner income of $185,000. The seller is offering financing up to $100,000. This turnkey operation, with experienced staff including a dedicated chef, is poised for continued growth and success. The seller is motivated and ready to provide two weeks of training.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2012
Total area 1,475 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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