This thriving German restaurant in Palm Coast, Florida, presents a unique opportunity for immediate ownership. Established in 2023, this 1,115-square-foot turnkey operation boasts impressive annual revenue of $350,000. The current lease, expiring October 31, 2026, features a monthly rent of just over $3,500, inclusive of CAM charges. The restaurant is fully equipped with all necessary kitchen equipment, including a hood, fridge, freezer, prep tables, fryers, gas stove, tables, chairs, and signage. Currently employing five staff members, the restaurant comfortably seats 20 patrons. Its prime location in a bustling neighborhood, adjacent to a gas station and near a school, ensures consistent customer traffic. The business benefits from a loyal customer base and the potential for further expansion, including the possibility of Sunday openings. The asking price is $185,000, and the sale includes a beer and wine license. The current owner is selling due to personal reasons, offering a seamless transition for a new owner. This is an exceptional opportunity to acquire a profitable, established restaurant in a growing area, with the option to maintain the existing concept or introduce a new one. The seller is not offering financing. Inventory is not included in the asking price.
Highlights
Not a franchise.
Asset sale, not stock.
Asking price: $185,000.
Gross revenue: $35,000.
Zero cash flow.
Inventory not included.
Property Details
for 0 Turnkey German Restaurant For Sale Palm Coast Fl!
Property type
Retail properties, Restaurants
Square Feet
1,115 SF
Year Built
2023
Location Insight
City
Palm Coast
County
Flagler
State
Florida
Latitude
29.6250683
Longitude
-81.2188355
Turnkey German Restaurant For Sale Palm Coast Fl!, Palm Coast, Florida
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Contacts
Brittney Gates
Visit Broker Website
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Turnkey German Restaurant For Sale Palm Coast Fl!, Palm Coast, Florida, 32137
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0 Turnkey German Restaurant For Sale Palm Coast Fl!
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