000 Annual Profit- Low Rent! Eastpoint, FL 32328
- Retail properties
- 3,500 SF
Current Use by Public Records
- Retail properties
Property Details for 000 Annual Profit- Low Rent!
- Year built
- 2017
- Property size
- 3,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turnkey restaurant opportunity in St. George Island, Florida, presents a unique chance to acquire a thriving business with significant earning potential. Boasting $1.7 million in annual sales and a remarkable $390,000 in owner earnings, this established eatery offers a compelling return on investment. The 3,500-square-foot space, built in 2017, is currently leased at a highly favorable rate of $3,300 per month, extending until February 28, 2027, with options for renewal. The fully equipped kitchen features a comprehensive array of commercial-grade equipment, including a 10-foot hood system, multiple freezers and coolers, fryers, ovens, and a full complement of prep tables and sinks. The restaurant's interior comfortably seats 70+ patrons, and the outdoor seating area further enhances its capacity. A comprehensive POS system, security cameras, and entertainment systems are all included. The sale includes a liquor license, adding to the revenue streams. The current owner will provide two weeks of training to ensure a smooth transition, and the existing staff is eager to continue their employment. This is a rare opportunity to own a profitable, well-established restaurant in a desirable coastal location with minimal owner involvement required. The asking price is $1,100,000.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Eastpoint
- County
- Franklin
- State
- Florida
- Longitude
- -84.8776
- Latitude
- 29.7595
