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    OFF-MARKET
    Retail properties & Spaces

    000 Total Earnings!, Leesburg, FL 34748

    2,180 SF Built 2019
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2019
    Total area 2,180 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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