000- All Offers Entertained- Florida Restaurant For Sale!, Tallahassee, FL 32304
- Retail properties & Spaces
- 3,000 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for 000- All Offers Entertained- Florida Restaurant For Sale!
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional restaurant opportunity in Tallahassee, Florida, is priced to sell at just $59,000. Located on a desirable street near Florida State University, this 3,000 square foot space boasts a proven track record, generating $1,400,000 in sales last year. The current lease has five years remaining, expiring May 31, 2026, with a monthly rent of $8,264 inclusive of CAM charges for water and trash. The property offers both indoor and outdoor seating, catering to diverse dining preferences. The fully equipped, high-end commercial kitchen is a chef's dream, featuring a 24-foot exhaust hood, a 12-foot wok station, six prep line coolers, an oversized walk-in cooler and freezer, and much more. Additional equipment includes two double fryers, a six-foot flat grill with two stove burners, four rice cookers, a True beverage cooler, an NCR POS system with three terminals and printers, and extensive stainless steel prep and storage areas. The seating capacity includes 60 indoor seats, plus outdoor tables and chairs. This turnkey operation is ready for a new concept, offering endless possibilities for any type of cuisine in a high-traffic area with a large student population. The business previously employed 20 people. This is a rare opportunity to acquire an established business in a prime location for a fraction of the cost of a new build-out.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.3857
- Latitude
- 30.4649
