Turnkey German Restaurant For Sale Palm Coast Fl! Palm Coast, FL 32137
- Retail properties
- 1,115 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Turnkey German Restaurant For Sale Palm Coast Fl!
- Year built
- 2023
- Property size
- 1,115 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Coast
- County
- Flagler
- State
- Florida
- Longitude
- -81.2188
- Latitude
- 29.6251