For Sale
$395,000

000 In Sales! Owner Will Finance 50%!Port St. Lucie, FL 34984

Established eatery, high sales, owner financing.

Overview

Added:
Dec 11, 2024
Days on market:
117
This thriving Italian restaurant in Port St. Lucie, Florida, presents a remarkable investment opportunity. Established in 2016, this 1,950-square-foot restaurant boasts impressive sales exceeding $950,000 in 2023, generating over $150,000 in adjusted earnings. The lease, valid until March 31, 2028, includes all CAMs and taxes for a monthly rent of $4500, offering significant cost advantages. The restaurant features 50 indoor seats and 10 outdoor seats, situated in a convenient strip center with ample parking. The fully equipped kitchen includes a wide array of commercial-grade equipment, including a double pizza oven, multiple refrigerators and freezers, a walk-in cooler, and a complete POS system. All equipment, along with furniture and fixtures (including tables, chairs, booths, and barware), is included in the sale price of $395,000. The seller is offering 50% financing, making this an exceptionally accessible opportunity. The restaurant enjoys a strong online reputation and benefits from a loyal customer base. Two weeks of on-site training from the owner are included, ensuring a smooth transition. This is a turnkey operation in a growing area with potential for further expansion. The menu features relatively low-priced items compared to competitors, making it resilient in various economic conditions. The restaurant's strong performance and owner financing make this a compelling investment with a potential for a rapid return on investment.

Highlights

  • No, not City Confidential.
  • No franchise.
  • Asset sale; asking price $395,000.
  • Asking price: $984,048.
  • Gross revenue: $153,598.43.
  • Leased cash flow.

Property Details for 000 In Sales! Owner Will Finance 50%!

Property type
Retail properties, Restaurants
Square Feet
1,950 SF
Year Built
2016

Location Insight

City
Port St. Lucie
County
St. Lucie
State
Florida
Latitude
27.2444014
Longitude
-80.3380213
000 In Sales! Owner Will Finance 50%!, Port St. Lucie, Florida

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000 In Sales! Owner Will Finance 50%!
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