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Perkins Restaurant For Sale! Just $70 000 Port St. Lucie, FL 34952

  • Retail properties
  • 5,000 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
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Current Use by Public Records

  • Retail properties

Property Details for 0 Perkins Restaurant For Sale! Just $70 000

Year built
1993
Property size
5,000 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This established Perkins Restaurant franchise in Port St. Lucie, Florida presents a remarkable opportunity. Boasting over $1.4 million in sales during the past 12 months, this turnkey operation is housed in a 5,000 square foot freestanding building, ideally situated on US1 with excellent visibility and ample parking. The restaurant features 185 seats, including booths and tables, and is equipped with a comprehensive array of commercial kitchen equipment, including multiple fryers, ovens, grills, coolers, freezers, and a Micros POS system. The current lease, expiring October 30, 2029, offers significant long-term stability, with a fixed monthly rent of $8,600 for the next five years. The seller is offering an exceptional incentive: they will cover the $40,000 Perkins training fee and contribute half of the $10,000 transfer fee. Built in 1993, this restaurant presents a strong foundation for growth, particularly given Port St. Lucie's robust growth trajectory and the property's prime location. The seller's motivation for selling is retirement, creating a unique opportunity for a qualified buyer to acquire a profitable, established business with considerable upside potential. The restaurant currently employs 24 people. This is a rare chance to own a successful restaurant with a proven track record in a desirable location for a significantly reduced price of $70,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

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  • Local Demand
City
Port St. Lucie
County
St. Lucie
State
Florida
Longitude
-80.2879
Latitude
27.2933
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