Italian Restaurant For Sale - Owner Benefit Over $100 000!, Ormond Beach, FL 32174
- Retail properties & Spaces
- 1,366 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Italian Restaurant For Sale - Owner Benefit Over $100 000!
- Year built
- 2017
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving Italian restaurant in Ormond Beach, Florida, presents a fantastic investment opportunity. Established in 2017, this 1,366 square-foot eatery boasts a prime location within a busy shopping center, conveniently situated off a major highway exit. The restaurant currently operates with limited hours (dinner only, four days a week), yet still generated net sales of $348,888.30 in 2023, resulting in an owner benefit exceeding $128,542.22. The current owner is retiring and will provide two weeks of training to ensure a smooth transition. A fully staffed team is in place, ready to support the new owner. The lease, which includes all CAMs and taxes for a monthly cost of $2,212.53, extends until January 31, 2031. Ample parking is available, with the restaurant being the only eatery in the center, guaranteeing plenty of parking for patrons even after other businesses close. The sale includes a beer and wine license. The fully equipped kitchen features commercial-grade refrigeration. This is an asset sale
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.1858
- Latitude
- 29.289
