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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Italian Restaurant For Sale - Owner Benefit Over $100 000! Ormond Beach, FL 32174

1,366 SF Built 2017
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 1,366 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
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