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Business For Sale
11,000 SQUARE FEET RESTAURANT FOR LEASE
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Asking Price: |
$275,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Currently Vacant |
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Year Established:
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1980 |
Business for Sale Overview:
This is a freestanding building directly on Federal Highway with excellent visibility from the 50,000 plus vehicles per day. The demographics are excellent and neighboring restaurants within a quarter mile include Olive Garden, Red Lobster, Outback Steakhouse, TGI Fridays, Bonefish Grill, Smokey Bones and Carrabbas.
Property Features and Assets:
The property is just over 1.4 acres and the building itself is 11,367 square feet. It has a main dining area, bar area and banquet or function rooms. The facility is set up as a large buffet restaurant with island buffet stations and an attractive open kitchen area for cooking steaks and chops, etc.
Market Competition and Expansion:
Many of the major national restaurant chains are located here attesting to the excellent demographics of the area. Just behind this restaurant are million dollar waterfront homes.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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