000 Income! Tangerine, FL 32757
This thriving Greater Orlando restaurant, built in 2019, is offered at $399,000. Generating over $145,000 in profit annually while operating only 30 hours per week, this 1,291 square foot establishment presents a significant opportunity. The lease expires December 30, 2024, with a reasonable monthly rent of $3,300. The fully equipped, turn-key operation includes indoor seating for 34 and outdoor seating for 16, supported by a trained staff of seven. Extensive equipment is included, encompassing a hood system, grease trap, multiple freezers and refrigerators, a six-burner stove with oven, fryers, prep tables, a POS system, and a comprehensive security camera system. All décor, signage, and smallwares are also part of the sale. The restaurant boasts an award-winning signature dish and a loyal customer base, ensuring immediate cash flow. A COP2 beer and wine license is included. This presents a unique chance to own a profitable, established restaurant with the potential for increased revenue through extended operating hours and enhanced social media presence. The current owner is providing support for a smooth transition. Located in Mount Dora, Florida, in the Greater Orlando area (zip code 32757), this restaurant is ready for a new owner to take it to the next level.
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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