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    Retail properties & Spaces

    0 Pizza Restaurant For Sale With New Kitchen In Middleburg, Middleburg, FL 32068

    1,520 SF
    Property ID
    Property summary
    AI-generated overview

    This established pizza restaurant in Middleburg, Florida, presents a fantastic opportunity for an owner-operator. Located in a busy area of Clay County (zip code 32068), this 1,520-square-foot restaurant boasts 56 indoor seats and a fully equipped commercial kitchen. The kitchen features a hood system, a double-decker pizza oven, ample refrigeration (including multiple coolers and freezers), prep tables, and various other essential equipment, including a dough mixer, food warmers, and a dishwasher. A beer and wine license is included in the sale, along with all recipes. The current lease has five years remaining (expiring December 31, 2028), with options for renewal, and a monthly rent of $3,500. The restaurant has a proven track record, generating $376,031 in gross revenue and $135,131 in cash flow in the previous year. The asking price is $249,999. The sale includes existing furniture and fixtures, such as dining tables and chairs, bar stools, and high chairs. The business benefits from a loyal customer base and positive online reviews, and is situated in a thriving neighborhood with families, schools, and established businesses nearby. The current owner is retiring and offering support for two weeks post-sale. This turnkey operation is ready for a new owner to step in and continue its success, or to adapt the concept to their own vision. The restaurant currently operates daily from 12 pm to 9 pm, but hours are flexible. Eight employees are currently on staff.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,520 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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