910 Wells RdOrange Park, FL 32073

Property Details for 910 Wells Rd

Property type

Retail properties

Property subtype

Restaurants

Description

This profitable, turnkey restaurant business is located in the popular Orange Park Mall, a high-traffic shopping destination in Orange Park, Florida, receiving over 3.8 million visits annually. The business, Karam's Gourmet, offers a fully equipped kitchen with all necessary equipment for a smooth transition, including a Clover POS system, commercial-grade cooking appliances, refrigeration, ample storage, and smallwares. Inventory valued at over $25,000 is included. The sale includes established recipes for savory Mediterranean cuisine and a loyal customer base. The restaurant benefits from its location within the mall, providing high visibility and consistent foot traffic. The Orange Park Mall is situated at a busy intersection, easily accessible from I-295, and serves a diverse population with moderate to high median household income. The area boasts a strong economy, with proximity to major employers including three Fortune 500 companies and a large naval air station. A new Amazon distribution center further enhances the area's job market and economic growth. This presents a unique opportunity for experienced restaurant operators or new ventures seeking a strong foundation for success. The asking price is $62,500, with a 43% cap rate. The seller will provide on-site training to ensure a seamless transition.

Location Insight

City

Orange Park

County

Clay

State

Florida

Latitude

30.1895

Longitude

-81.7072

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