For Sale
$450,000

Included - Owner Earnings of $185 000! Limited Hours- Real Est Wetumpka, FL 32351

Profitable Seafood Restaurant, $450K

Overview

Added:
Dec 11, 2024
Days on market:
135
This turnkey restaurant in Quincy, Florida, boasts 1,810 square feet and generated $185,000 in owner earnings in 2023. Currently operating with limited hours (Thursday-Sunday), this established seafood restaurant offers significant growth potential by expanding operating days and hours, or adding a liquor license. The sale includes all equipment, including a 12ft hood system, multiple fryers, prep tables, refrigerators, freezers, seating for 48, and more. The business benefits from an underserved market in a small town, creating a loyal local customer base. Eight employees are in place, and the seller will provide up to three months of training. While traditional SBA financing isn't an option, alternative financing is available. The seller is motivated to retire and is ready to transition the business immediately. This is a rare opportunity to acquire a profitable restaurant with the real estate included, offering immediate income and substantial upside. The property is located in Gadsden County, Florida, zip code 32351.

Highlights

  • Not a franchise.
  • Asset sale, not a stock sale.
  • Asking price: $575,000.
  • Gross revenue: $762,133.
  • Cash flow: $249,792.
  • Leased real estate included in sale.

Property Details for Included - Owner Earnings of $185 000! Limited Hours- Real Est

Property type
Retail properties, Restaurants
Square Feet
1,810 SF

Location Insight

City
Wetumpka
County
Gadsden
State
Florida
Latitude
30.4644422
Longitude
-84.6479124

FAQs

What type of property is this?
Retail property - Profitable Seafood Restaurant, $450K
Where is the retail property located?
The property is located at Included - Owner Earnings of $185 000! Limited Hours- Real Est Wetumpka, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Not a franchise.; Asset sale, not a stock sale.; Asking price: $575,000.
How can I contact the broker?
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Included - Owner Earnings of $185 000! Limited Hours- Real Est
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