Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Florida
- Year built
- 2017
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This 1,317-square-foot restaurant in downtown Pensacola, Florida, is a turnkey opportunity for aspiring restaurateurs. Built in 2017, this established business boasts a beautiful buildout and is equipped with nearly all necessary commercial kitchen appliances, including a Turbo Air work top freezer and refrigerated worktop, a Vulcan convection oven, a Manitowoc ice machine, and a CMA undercounter dishwasher. Additional equipment includes a Turbo Air reach-in refrigerator, a Nemco countertop steamer, a Hatco multi-contact grill and conveyor toaster, a Turbo Air refrigerated merchandiser, a Berkel meat slicer, and a Robot Coupe food processor. A comprehensive inventory of smallwares is also included, encompassing pots and pans, steamer table pans and covers, various plastic food pans and lids, ladles, spoons, tongs, knives, cutting boards, measuring cups and pitchers, mixing bowls, scoops, scales, cleaning equipment, plates, glasses, cutlery, shelves, and heating lamps. The restaurant currently operates as a breakfast and lunch establishment, but its open floor plan allows for adaptability to any concept. A beer and wine license is included. The property enjoys a high-traffic location near hotels, offering excellent visibility and accessibility. The monthly rent, inclusive of CAMs, taxes, and insurance, is $4,054. A new lease will be signed upon closing, as the seller is also the landlord. While a hood system is not currently installed, it can be added. The asking price is $219,999. Note that traditional SBA financing is unavailable, but unsecured lending options may be available for those with a credit score of 680 or higher. The lease term is five years. This is a rare chance to acquire a fully operational restaurant with minimal upfront investment and immediate revenue potential.
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
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2245
- Latitude
- 30.4093
