Placid Cafe and Diner for Sale- Great Kitchen with Large Hood Lake DrLake Placid, FL 33852
- Retail properties
- 2,500 SF
Property Details for Placid Cafe and Diner for Sale- Great Kitchen with Large Hood Lake Dr
- Year built
- 2021
- Property size (Sq ft)
- 2,500 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This thriving Lake Placid, Florida diner, built in 2021, presents a fantastic opportunity for ownership. Boasting 2,500 square feet of space, the fully equipped restaurant includes a large commercial kitchen with a substantial hood system, walk-in refrigeration, and a comprehensive array of equipment. This includes tables, chairs, booths, a POS system, a three-compartment sink, flat-top grill with oven, six-burner stove with oven, two-basket fryer, steam table setup, and ample smallwares, pots, pans, stainless steel tables and shelving. Currently operating from 11 am to 3 pm, the business has significant growth potential by expanding hours to include breakfast and dinner service, catering, and event hosting within its spacious dining area. The lease expires May 31, 2026, with options to renew. The current monthly lease rate is $4,600. The business benefits from a loyal customer base and high foot traffic due to its location on a main road in a town known for antique shopping, surrounded by residential areas, businesses, and a local college. The seller is offering some financing and two weeks of training to a qualified buyer, providing a smooth transition and sharing established recipes. Three employees currently support the operation. The asking price is $99,000. This turnkey operation is ready for a new owner to capitalize on its existing success and unlock its considerable expansion potential.
Location Insight
- City
- Lake Placid
- County
- Highlands county
- State
- Florida
- Latitude
- 27.2931
- Longitude
- -81.3629
Comparable in this City
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