000 In Earnings For Owner Allentown, FL 32570
- Retail properties
- 6,400 SF
Current Use by Public Records
- Retail properties
Property Details for 000 In Earnings For Owner
- Year built
- 2020
- Property size
- 6,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving bar and grill, located in Milton, Florida (zip code 32570), presents a unique investment opportunity. Built in 2020, this 6,400 square foot establishment boasts impressive financials, generating over $1,341,941 in sales in 2023, resulting in owner earnings exceeding $109,842. The business includes a comprehensive inventory of equipment, including a chargrill, flat top grill, three fryers, two makeline coolers, walk-in freezer and cooler, conveyor oven, two ice machines, a stand-alone freezer, dish machine, sound system with projector and TVs, pool tables, bar coolers, digital signage, and a POS system. The spacious interior comfortably seats 215 patrons. A 4-COP beer, wine, and liquor license is included. The current lease, expiring June 19, 2027, has a five-year term and a monthly rent of $7,420. The seller is offering a week of owner training (P&L, QuickBooks) and a week of manager training, with continued support via text. The sale is motivated by personal reasons. The business benefits from a great location in a growing area, with a Walmart soon to open in the adjacent shopping center. This turnkey operation is SBA loan-eligible, making it an attractive proposition for qualified buyers. The seller's discretionary earnings, combined with the established clientele and prime location, make this a highly desirable investment.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Autauga
- State
- Florida
- Longitude
- -87.0224
- Latitude
- 30.8158
