Restaurant For Sale In Tavares Fl- Fully Equipped And Newly Remodeled! Tavares, FL 32778
- Retail properties
- 1,400 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Restaurant For Sale In Tavares Fl- Fully Equipped And Newly Remodeled!
- Year built
- 2023
- Property size
- 1,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tavares
- County
- Lake
- State
- Florida
- Longitude
- -81.7256
- Latitude
- 28.8042