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OFF-MARKET
Retail properties & Spaces

0 Restaurant For Sale In Tavares Fl- Fully Equipped And Newly Remodeled! Tavares, FL 32778

1,400 SF Built 2023
Property ID
Property summary
AI-generated overview

This 1,400-square-foot restaurant in Tavares, Florida, is a turnkey operation, perfect for a new or experienced owner. Built in 2023 and recently remodeled, the space boasts a full complement of equipment, including a hood system, grease trap, walk-in cooler, multiple refrigerators and freezers, ovens, fryers, a griddle and stove, and ample prep space. The current setup comfortably seats 38 guests indoors. The lease, expiring August 2029, offers an affordable monthly rent of $1,475, inclusive of CAMs. Located in a bustling shopping plaza with high foot traffic, the restaurant benefits from proximity to medical offices and residential areas. The current owners are offering two weeks of support and training, allowing for a seamless transition. The sale includes all existing equipment, much of which is under warranty. The business has a potential for growth, including the possibility of obtaining a beer and wine license. This is an exceptional opportunity to acquire a fully operational restaurant with minimal upfront investment and significant upside potential. The asking price is $69,000. The restaurant is an asset sale and is not a franchise. The seller is not offering financing.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 1,400 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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