000 Restaurant For Sale - Bring Your Own Concept-Low Rent! Tallahassee, FL 32311

Property Details for 000 Restaurant For Sale - Bring Your Own Concept-Low Rent!

Year built

2021

Property size

2,100 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This 2,100 square foot restaurant in Tallahassee, Florida, is available for $75,000. Located in Leon County (zip code 32311), this established business boasts a prime location near a large concentration of state workers and families, presenting significant growth opportunities. The current lease agreement extends until January 30, 2025, with a monthly rent of $3,888.05, inclusive of CAM, taxes, and insurance. Built in 2021, the restaurant features extensive commercial kitchen equipment, including multiple refrigerators, freezers, display cases, prep tables, and sinks. The existing setup includes indoor seating for 40 patrons, plus outdoor seating for 16 with additional bench seating. Equipment includes two merchandise coolers, ice cream freezers, refrigerated display cases, prep tables, sinks, shelving units, tables, chairs, and various other items. The seller is retiring and offering two weeks of support to the new owner. While the current business model is not cash flow positive, the high volume of potential customers and the fully equipped space present a unique opportunity for a new concept or expansion of the existing one. The sale does not include inventory. This is a leasehold sale, not an asset sale, and seller financing is not available. The business currently employs 12 people. The lease term is six years, but other lease terms may be available. This is an exceptional opportunity to acquire a fully operational restaurant in a high-traffic area with minimal upfront investment.

Location Insight

City

Tallahassee

County

Leon

State

Florida

Longitude

-84.1646

Latitude

30.3749