23525 State Rd 40 Astor, FL 32102-2907
- Turn key restaurants
- 2,844 SF
- 2.44 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 23525 State Rd 40
- Year built
- 1987
- Construction
- WOOD FRAME
- Lot size
- 2.44 lot acres
- Property size
- 2,844 SF
- Property type
- Turn key restaurants
- APN
- 07-15-27-0100-000-02501
- APU
- 71527010000002501
Description
This exceptional waterfront restaurant opportunity in Astor, Florida, presents a turnkey operation with significant upside. The 3,318 square foot building sits on a spacious 2.44-acre lot, offering ample parking and grassy areas perfect for outdoor events or expansion. The interior boasts 172 seats, including indoor and outdoor seating areas, plus a dedicated party room. The well-equipped kitchen, approximately 800-900 square feet, features walk-in coolers and freezers, multiple fryers, a large flat top, charbroiler, and salamander. Inventory, including approximately $100,000 in food and $30,000 in liquor, is included in the sale. The restaurant benefits from a strong local following, known for its home-style cooking and personal touch, attracting regular clientele, including helicopter arrivals with designated landing space. A metal roof (replaced 4 years ago) and four 5-ton AC units ensure efficient and reliable operation. The property includes a SRX liquor license, allowing for a full bar. The established staff of 32 employees are eager to continue their employment. The restaurant utilizes a Harbor Touch Point of Sale system with multiple entry points for streamlined service. This is a rare opportunity to acquire a thriving, established business with significant potential for growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Astor
- County
- Lake
- State
- Florida
- Longitude
- -81.5504
- Latitude
- 29.163
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA