for Sale! Owner Benefit over $100 000! Leesburg Restaurant & Real Est Leesburg, FL 34789
- Retail properties
- 1,500 SF
Current Use by Public Records
- Retail properties
Property Details for for Sale! Owner Benefit over $100 000! Leesburg Restaurant & Real Est
- Year built
- 1989
- Property size
- 1,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Leesburg, Florida restaurant and real estate is offered at $550,000. The 1,500-square-foot, turn-key establishment, built in 1989, boasts a recently remodeled interior and exterior. Currently operating six days a week with limited hours (35 hours), this presents a significant opportunity for expansion and increased revenue. The restaurant enjoys a prime location surrounded by homes and businesses, benefiting from high traffic volume. The sale includes all equipment: coolers, prep tables, fryers, POS system, tables, chairs, a wine fridge, and outdoor seating. The business has a strong track record, showing year-over-year sales growth, generating $452,526 in gross revenue and a remarkable $102,191 owner benefit. Indoor seating accommodates 28 patrons. A beer and wine license is included. The seller is offering two weeks of training and the reason for selling is personal. This is a rare opportunity to own a well-established restaurant with real estate in a desirable location, ready for immediate operation and future growth. The current limited hours present a clear path to increase profitability. The sale includes all existing equipment and fixtures. While seller financing is not available, this is a fully equipped, turn-key operation ready for a new owner to step in and begin profiting immediately. The property is located in Lake County, Florida, zip code 34789.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.8875
- Latitude
- 28.7993