For Sale
$249,999

Italian Restaurant For Sale - Owner Benefit Over $100 000! Ormond Beach, FL 32174

Profitable, established Italian eatery. Owner benefit over $100k.

Overview

Added:
Dec 11, 2024
Days on market:
136
This thriving Italian restaurant in Ormond Beach, Florida, presents a fantastic investment opportunity. Established in 2017, this 1,366 square-foot eatery boasts a prime location within a busy shopping center, conveniently situated off a major highway exit. The restaurant currently operates with limited hours (dinner only, four days a week), yet still generated net sales of $348,888.30 in 2023, resulting in an owner benefit exceeding $128,542.22. The current owner is retiring and will provide two weeks of training to ensure a smooth transition. A fully staffed team is in place, ready to support the new owner. The lease, which includes all CAMs and taxes for a monthly cost of $2,212.53, extends until January 31, 2031. Ample parking is available, with the restaurant being the only eatery in the center, guaranteeing plenty of parking for patrons even after other businesses close. The sale includes a beer and wine license. The fully equipped kitchen features commercial-grade refrigeration. This is an asset sale

Highlights

  • Lease expires January 31, 2031.
  • Monthly rent: $2,212.53.
  • 1,366 square feet; seats 49.
  • 2023 Net Sales: $348,888.30; Owner Benefit: $128,542.22.
  • Includes beer and wine license.
  • Turnkey operation; fully staffed; seller provides two weeks of training.

Property Details for 0 Italian Restaurant For Sale - Owner Benefit Over $100 000!

Property type
Retail properties, Restaurants
Square Feet
1,366 SF
Year Built
2017

Location Insight

City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.2890392
Longitude
-81.1857736

FAQs

What type of property is this?
Retail property - Profitable, established Italian eatery. Owner benefit over $100k.
Where is the retail property located?
The property is located at Italian Restaurant For Sale - Owner Benefit Over $100 000! Ormond Beach, FL.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Lease expires January 31, 2031.; Monthly rent: $2,212.53.; 1,366 square feet; seats 49.
How can I contact the broker?
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0 Italian Restaurant For Sale - Owner Benefit Over $100 000!
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