For Sale
$99,999

Restaurant for Sale - Great Rent and Small outdoor seating! Ormond BchOrmond Beach, FL 32174

Turnkey Restaurant, Great Location, High Sales

Overview

Added:
Dec 11, 2024
Days on market:
115
This fully equipped 1,800-square-foot restaurant in Ormond Beach, Florida, is available for $99,999. Built in 2018, the space boasts a modern open floor plan, small outdoor seating, and a fully outfitted kitchen including a walk-in refrigerator, freezer, 8-foot hood system with fire suppression, and a variety of other high-quality equipment (full inventory list available). The current lease runs until May 30, 2028, with a monthly rent of $2625, inclusive of CAMs, taxes, and insurance. The restaurant previously operated as a Turkish and Mediterranean eatery, generating over $384,900 in sales in 2023 despite limited hours. The sale includes a beer and wine license. This prime location offers excellent visibility and accessibility, situated near homes and other businesses with minimal nearby competition. The property is ideal for a new owner to continue the existing concept or implement their own vision. While traditional SBA financing isn't available, unsecured lending options may be accessible for qualified buyers. Six employees currently work at the establishment. The seller is retiring. This is a rare opportunity to acquire a profitable, established restaurant without the lengthy and costly build-out process.

Highlights

  • Lease term expires May 2028.
  • Monthly rent is $2,625, all-inclusive.
  • 1,800 square foot space with seating for 65.
  • Fully equipped kitchen includes a walk-in refrigerator, freezer, 8-foot hood system with fire suppression, and extensive equipment (full inventory list available).
  • 2023 net sales exceeded $384,900.
  • Asking price: $99,999.

Property Details for Restaurant for Sale - Great Rent and Small outdoor seating! Ormond Bch

Property type
Retail properties, Restaurants
Square Feet
1,800 SF
Year Built
2018

Location Insight

City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.2890392
Longitude
-81.1857736
Restaurant for Sale - Great Rent and Small outdoor seating! Ormond Bch, Ormond Beach, Florida

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Restaurant for Sale - Great Rent and Small outdoor seating! Ormond Bch
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