000 In Earnings For OwnerAllentown, FL 32570

Property Details for 000 In Earnings For Owner

Year built

2020

Property size (Sq ft)

6,400 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving bar and grill, located in Milton, Florida (zip code 32570), presents a unique investment opportunity. Built in 2020, this 6,400 square foot establishment boasts impressive financials, generating over $1,341,941 in sales in 2023, resulting in owner earnings exceeding $109,842. The business includes a comprehensive inventory of equipment, including a chargrill, flat top grill, three fryers, two makeline coolers, walk-in freezer and cooler, conveyor oven, two ice machines, a stand-alone freezer, dish machine, sound system with projector and TVs, pool tables, bar coolers, digital signage, and a POS system. The spacious interior comfortably seats 215 patrons. A 4-COP beer, wine, and liquor license is included. The current lease, expiring June 19, 2027, has a five-year term and a monthly rent of $7,420. The seller is offering a week of owner training (P&L, QuickBooks) and a week of manager training, with continued support via text. The sale is motivated by personal reasons. The business benefits from a great location in a growing area, with a Walmart soon to open in the adjacent shopping center. This turnkey operation is SBA loan-eligible, making it an attractive proposition for qualified buyers. The seller's discretionary earnings, combined with the established clientele and prime location, make this a highly desirable investment.

Location Insight

City

Allentown

County

Autauga

State

Florida

Latitude

30.8158

Longitude

-87.0224

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].