Restaurant for Sale - Great Rent and Small outdoor seating! Ormond BchOrmond Beach, FL 32174

Property Details for Restaurant for Sale - Great Rent and Small outdoor seating! Ormond Bch

Year built

2018

Property size (Sq ft)

1,800 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This fully equipped 1,800-square-foot restaurant in Ormond Beach, Florida, is available for $99,999. Built in 2018, the space boasts a modern open floor plan, small outdoor seating, and a fully outfitted kitchen including a walk-in refrigerator, freezer, 8-foot hood system with fire suppression, and a variety of other high-quality equipment (full inventory list available). The current lease runs until May 30, 2028, with a monthly rent of $2625, inclusive of CAMs, taxes, and insurance. The restaurant previously operated as a Turkish and Mediterranean eatery, generating over $384,900 in sales in 2023 despite limited hours. The sale includes a beer and wine license. This prime location offers excellent visibility and accessibility, situated near homes and other businesses with minimal nearby competition. The property is ideal for a new owner to continue the existing concept or implement their own vision. While traditional SBA financing isn't available, unsecured lending options may be accessible for qualified buyers. Six employees currently work at the establishment. The seller is retiring. This is a rare opportunity to acquire a profitable, established restaurant without the lengthy and costly build-out process.

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.289

Longitude

-81.1858

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