000 Annual Profit- Low Rent! Eastpoint, FL 32328
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.