000 Sales In 2023, Leesburg, FL 34748
This turnkey restaurant in Leesburg, Florida, presents a remarkable investment opportunity. Boasting over $700,000 in 2023 sales and a strong owner benefit, this 4,200 square foot establishment is fully equipped and staffed, ready for immediate operation. The lease, expiring April 29, 2029, with a five-year option, offers exceptionally low monthly rent of $2,825, increasing only $100 annually. The restaurant features indoor seating for 150 guests, a partially finished patio with potential for outdoor dining, and an 18-foot hood system with a grease trap. Current assets include a beer and wine license (with potential for liquor license expansion), a thriving social media presence, and a loyal customer base built through weekly live music events. The restaurant is situated with high visibility on a major roadway, ensuring consistent foot traffic. Equipment includes multiple refrigerators, freezers, cooking appliances, and ample seating. The seller is retiring and offering two weeks of support for a smooth transition. This is an exceptional opportunity for owner-operators or E2 visa candidates seeking a profitable and established business with significant growth potential. The sale includes all existing equipment and the social media accounts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.