000 In Earnings! High End Restaurant For SaleTallahassee, FL 32308

Property Details for 000 In Earnings! High End Restaurant For Sale

Year built

2013

Property size (Sq ft)

2,200 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This established Tallahassee restaurant, built in 2013, presents a lucrative investment opportunity. Boasting 2,200 square feet of space, it generates over $220,000 in annual owner earnings on $1.2 million in annual sales. The lease, expiring October 31, 2026, offers a remaining term of five years at a monthly rent of $2,750 – significantly below market value. The restaurant features both indoor and outdoor seating for a total occupancy of 88 patrons. The fully equipped commercial kitchen includes a comprehensive array of equipment, including a hood system, multiple ovens, mixers, food processors, and ample storage. A well-stocked bar with a full liquor license adds to its revenue potential. The current operational hours are Tuesday through Saturday, starting at 5 pm, leaving room for expansion. The restaurant employs four full-time and eleven part-time staff members, providing a strong operational foundation. The sale includes all existing furniture, fixtures, and equipment, along with a substantial inventory of catering supplies. The seller is offering support during the transition, ensuring a smooth handover. This turnkey operation is ideally suited for an owner-operator or absentee investor seeking a high-return investment in a prime Tallahassee location. The restaurant's strong reputation and loyal customer base provide a solid platform for continued success and potential growth. The reason for the sale is personal.

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4805

Longitude

-84.2173

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