Property summary
This established Pensacola, Florida restaurant is a fantastic opportunity for an owner-operator. Priced at $259,999, this 1,400 square foot eatery boasts a strong financial track record, generating $350,652 in gross revenue and a net owner benefit of $79,911.55. The lease, expiring November 30, 2026, is exceptionally affordable at $2,400 per month. The restaurant is fully equipped with all standard commercial kitchen appliances, including a hood system, grease trap, fryer, stove, flat top, three-compartment sink, steamer, microwave, blender, and extensive smallwares. Front-of-house features include seating for 50 guests (11 tables, 50 chairs), complete flatware and service ware, a bar with equipment and glassware, a POS system, security system with cameras, and a digital menu board. Additional assets include a beer and wine license, high chairs, booster seats, and neon signs. The restaurant serves breakfast, lunch, and dinner, currently operating with limited hours and closed on Mondays. The seller is offering owner financing, providing an excellent opportunity for qualified buyers. The business has eleven employees and has been operating successfully since 2018. The location offers potential for expansion, with an adjacent space soon to become available for lease. Three weeks of training will be provided by the seller. This turnkey operation is ready for immediate success.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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