FL! Limited Hours! Restaurant For Sale In New Smyrna Bch New Smyrna Beach, FL 32169
This thriving New Smyrna Beach restaurant is available for purchase at $250,000. Established in 2023, this 1,100-square-foot eatery boasts a brand-new build-out and is currently operating with limited hours, offering significant growth potential. The lease expires May 30, 2027, with options to renew. The current monthly occupancy cost is $3,500. The business includes all necessary equipment, a fully staffed team of six employees, and is ready for immediate operation. The current owner is selling due to pursuing a new career. While the current limited hours and focus on a specific menu have generated $430,000 in gross revenue, there's substantial opportunity to expand hours, explore catering and delivery services, and increase marketing efforts to maximize profitability. The sale includes a full training period and ongoing support from the current owners. This is a unique opportunity to acquire an established business with a proven track record, requiring no additional build-out or staffing. The location is in a busy area with limited competition due to the current limited hours of operation. No seller financing is available. This is an asset sale.
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
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No recorded transactions found for this property.
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Risks
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