0 Thriving Breakfast & Lunch Cafe For Sale With Great Location! Palm Harbor, FL 34685
This thriving breakfast and lunch cafe, located in Palm Harbor, Florida (zip code 34685), presents a unique investment opportunity. Established in 2019, this 1,786 square foot restaurant boasts a strong track record, generating approximately $430,157 in gross revenue and approximately $47,504 in cash flow for the current owner. The cafe benefits from a prime location with high customer density and limited competition within a five-mile radius, leading to a loyal customer base. Currently operating with 13 employees, the business offers a well-trained staff and established operational systems, allowing for a smooth transition for a new owner. The sale includes the established concept, recipes, and trade name, eliminating franchise fees. The current lease is month-to-month at a rate of $48.36 per square foot. The cafe holds a 2-COP license, permitting the sale of beer and wine, and the seller is offering two weeks of post-closing training. The owner is retiring, providing a compelling reason for the sale. The current operating hours allow for potential expansion into dinner service, given consistent customer requests. 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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