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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Turnkey German Restaurant For Sale Palm Coast Fl! Palm Coast, FL 32137

1,115 SF Built 2023
Property ID
Property summary
AI-generated overview

This thriving German restaurant in Palm Coast, Florida, presents a unique opportunity for immediate ownership. Established in 2023, this 1,115-square-foot turnkey operation boasts impressive annual revenue of $350,000. The current lease, expiring October 31, 2026, features a monthly rent of just over $3,500, inclusive of CAM charges. The restaurant is fully equipped with all necessary kitchen equipment, including a hood, fridge, freezer, prep tables, fryers, gas stove, tables, chairs, and signage. Currently employing five staff members, the restaurant comfortably seats 20 patrons. Its prime location in a bustling neighborhood, adjacent to a gas station and near a school, ensures consistent customer traffic. The business benefits from a loyal customer base and the potential for further expansion, including the possibility of Sunday openings. The asking price is $185,000, and the sale includes a beer and wine license. The current owner is selling due to personal reasons, offering a seamless transition for a new owner. This is an exceptional opportunity to acquire a profitable, established restaurant in a growing area, with the option to maintain the existing concept or introduce a new one. The seller is not offering financing. Inventory is not included in the asking price.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 1,115 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
Allowed · conditional · prohibited
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