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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

000 Annual Profit- Low Rent! Eastpoint, FL 32328

3,500 SF Built 2017
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 3,500 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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