0 Daytona Coffee Shop For Sale Owner Operator - Limited Hours! South Daytona, FL 32119
This thriving South Daytona, Florida restaurant is a fantastic opportunity for an owner-operator. Located in a busy business center, it's the only restaurant in the complex, surrounded by offices and homes. The 1,280 square foot space, built in 2015, boasts a lease extending to December 30, 2028, with renewal options. Monthly rent, including CAM, taxes, and insurance, is $1,700.02. The business generated $177,105 in gross revenue and $84,994 in cash flow. The sale price is $155,000, and seller financing is not available. The restaurant is fully equipped and turnkey, including a wide array of commercial kitchen equipment: espresso machines, grinders, ovens, refrigerators, prep tables, a POS system, and more. Currently operating with limited hours, there's significant potential for increased revenue by expanding hours, especially given the presence of a 24-hour laundromat next door. The business employs four people. This is an exceptional opportunity to acquire an established, profitable restaurant with significant upside potential in a prime location. The current owner is selling for personal reasons. The sale includes all existing equipment, inventory, and signage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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