0 $129 000-Florida Restaurant For Sale-Near University! Tallahassee, FL 32304
This thriving Tallahassee restaurant, ideally situated near Florida State University, presents a fantastic investment opportunity. The 2,600-square-foot space comfortably seats 110 patrons indoors and 10 outdoors, benefiting from high foot traffic and ample parking. A fully equipped, commercial kitchen features top-of-the-line appliances including a walk-in freezer and cooler, a 24-foot hood system, a Lincoln pizza oven, and a six-burner gas stove with oven – all designed for high-volume service. This asset sale includes all equipment, eliminating construction and equipment delays. The current lease, at $4,900 per month (including CAMs and taxes), runs until October 2028, with three five-year renewal options. The restaurant boasts an established customer base and proven recipes, providing a solid foundation for continued success. The sale includes a comprehensive inventory of kitchen equipment, furniture, and fixtures, making this a truly turnkey operation. The seller is relocating, creating this unique opportunity for a new owner to step in and capitalize on the existing infrastructure and loyal clientele. This is an exceptional opportunity to own a profitable restaurant in a high-demand location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.