000 Annual Profit- Low Rent!Eastpoint, FL 32328

Property Details for 000 Annual Profit- Low Rent!

Year built

2017

Property size (Sq ft)

3,500 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional turnkey restaurant opportunity in St. George Island, Florida, presents a unique chance to acquire a thriving business with significant earning potential. Boasting $1.7 million in annual sales and a remarkable $390,000 in owner earnings, this established eatery offers a compelling return on investment. The 3,500-square-foot space, built in 2017, is currently leased at a highly favorable rate of $3,300 per month, extending until February 28, 2027, with options for renewal. The fully equipped kitchen features a comprehensive array of commercial-grade equipment, including a 10-foot hood system, multiple freezers and coolers, fryers, ovens, and a full complement of prep tables and sinks. The restaurant's interior comfortably seats 70+ patrons, and the outdoor seating area further enhances its capacity. A comprehensive POS system, security cameras, and entertainment systems are all included. The sale includes a liquor license, adding to the revenue streams. The current owner will provide two weeks of training to ensure a smooth transition, and the existing staff is eager to continue their employment. This is a rare opportunity to own a profitable, well-established restaurant in a desirable coastal location with minimal owner involvement required. The asking price is $1,100,000.

Location Insight

City

Eastpoint

County

Franklin

State

Florida

Latitude

29.7595

Longitude

-84.8776

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