000 Total Earnings! Leesburg, FL 34748
- Retail properties
- 2,180 SF
Current Use by Public Records
- Retail properties
Property Details for 000 Total Earnings!
- Year built
- 2019
- Property size
- 2,180 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Italian restaurant in Leesburg, Florida, presents a remarkable opportunity for a new owner. Boasting impressive 2023 sales exceeding $875,000 and projected 2024 sales over $1 million, this turn-key operation offers significant earning potential. The restaurant's owner benefits totaled over $160,000 in 2023. Located in a 2,180 square foot space, it comfortably seats up to 79 diners. The current lease, expiring February 28, 2027, features a favorable monthly rent of $4,140, inclusive of CAM fees. The fully equipped kitchen includes two 9-foot hood systems, a pizza oven, a 6-burner grill, fryer, and ample refrigeration. A beer and wine license is already in place. This prime location benefits from high foot traffic in an established plaza and direct access to major roadways. Leesburg's significant growth, including planned residential developments, promises continued customer base expansion and revenue growth. The restaurant's strong reputation and loyal customer base ensure a smooth transition for the new owner. This is a rare chance to acquire a profitable, established business in a thriving community. The sale includes all existing equipment, as detailed in the provided inventory list. The restaurant is currently open Monday, Wednesday, Thursday from 11 am to 8 pm, Friday from 11 am to 9 pm, Saturday from 12 pm to 9 pm, and Sunday from 12 pm to 8 pm. Summer hours are adjusted, with the restaurant closed on Mondays and Tuesdays. The business employs 3 full-time and 7 part-time employees.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.8771
- Latitude
- 28.7899
