000 Earnings! Tangerine, FL 32757
This thriving restaurant, established in 2016, is located in a charming Greater Orlando area (Mount Dora, FL, zip code 32757) and offers a fantastic opportunity for ownership. The 996 square foot space comfortably seats 36 diners (32 inside, 4 outside). Generating over $94,000 in earnings annually with a gross revenue exceeding $235,000, this business operates efficiently with limited hours, primarily focusing on the lunch crowd. The current lease extends until August 30, 2026, with a manageable monthly rent of $3,972. The sale includes a comprehensive inventory of equipment, ranging from stainless steel refrigerators and worktables to a Clover register system and ample dining furniture. The seller, retiring, will provide one week of on-site training and one month of remote support for a smooth transition. Significant growth potential exists by extending operating hours to include dinner service, reinstating the beer and wine license, and expanding social media marketing. Financing options may be available for qualified buyers. This is an E-2 Visa-qualified business. The restaurant boasts a 4.2 Facebook rating and a 4.1 Yelp rating. Three employees currently support operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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