000 In Sales!, Groveland, FL 34736
This established Lake County, Florida restaurant is a prime investment opportunity, priced at $175,000. Boasting projected 2024 sales nearing $900,000 and owner earnings exceeding $80,000, this 1,410 square foot eatery offers a fully equipped kitchen, a fully trained staff of 11 employees (5 full-time, 6 part-time), and a beer and wine license. The current lease, at a favorable rate of $2,800 per month, expires in January 2025, with a potential 10-year renewal option. Operating hours are Monday-Tuesday 7am-3pm, Wednesday-Saturday 7am-8pm, and Sunday 7am-2pm. The restaurant enjoys high visibility on a major roadway, benefiting from its proximity to new residential developments and other local businesses. The spacious layout includes both indoor and outdoor seating, with an oversized patio ideal for events or live music. Extensive equipment is included, ranging from a 6-burner gas range and flattop griddle to a POS system (Clover) with multiple handhelds and printers. The seller is providing training, ensuring a smooth transition for the new owner. The real estate is available for separate purchase, presenting an exceptional opportunity to own both the business and the property. The reason for selling is personal.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.