Current Use by Public Records
- Commercial real estate
Property Details for 11299 Us-98
- Property type
- Commercial real estate
Description
This established and profitable shaved ice and frozen drink franchise is located in a prime Watersound, Florida location within a brand-new shopping center at Inlet Beach, situated between Destin and Panama City Beach. The 1,199 square foot business boasts a proven business model, offering premium gourmet shaved ice and tropical smoothies. The asking price is $200,000, which includes all furniture, fixtures, and equipment (valued at over $90,000), and approximately $5,000 in inventory. The lease extends until May 1, 2033. This turn-key operation employs 38 people and benefits from a recognized brand, robust corporate training and support, and significant potential for growth within the thriving Northwest Florida market. The current owners are relocating and offering the business for less than the cost of establishing a new franchise. The high median income of over $128,000 in Inlet Beach ensures a strong customer base. The seller is willing to provide one week of on-site training, and corporate will provide additional training. This presents a unique opportunity to acquire a successful, established business with immediate revenue generation and significant upside.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watersound
- County
- Walton
- State
- Florida
- Longitude
- -86.0227
- Latitude
- 30.2977
