000 In Income! Orlando, FL 32822
- Retail properties
- 1,500 SF
Current Use by Public Records
- Retail properties
Property Details for 000 In Income!
- Year built
- 2019
- Property size
- 1,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Orlando restaurant, built in 2019, offers a fantastic opportunity for ownership. Boasting 1,500 square feet of space, it's situated in a bustling shopping center with high foot traffic and visibility. The restaurant generated over $1 million in sales and $175,000 in net income in 2023, projecting even higher earnings in 2024. The current lease, with favorable terms, extends until January 2029, with two five-year renewal options, ensuring long-term stability. Monthly rent is $5,942, with only 3% annual increases. The sale includes all equipment, from a full kitchen (hood system, six-burner stove, fryers, walk-in cooler, etc.) to POS systems, security systems, and even decor. The restaurant comfortably seats 36 patrons indoors. The business benefits from a strong location, with over 200,000 potential customers within a five-mile radius and over 24,000 vehicles passing daily. A dedicated team of nine employees is in place, ensuring a smooth transition for the new owner. This turnkey operation presents a rare chance to acquire a profitable, established franchise with significant growth potential. The franchise model includes low royalties at 6% of sales.
Value Estimations
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AI approach
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.2849
- Latitude
- 28.475
