Ormond Beach, FL 32174
MLS# 1043260
988 sqft

Ormond Beach, FL 32174
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Ormond Beach, FL 32174

Property Description
Profitable Restaurant in Ormond beach affords you an outstanding business opportunity. Excellent cash flow with proven track record. Very low overhead, easy to run with minimal staff. Perfect for couple or family. Currently limited hours leaves lots of growth potential. This restaurant is set up for success now and for the future. Selling business, all furnishings, decor, equipment, logo, signs, goodwill, over $15000 in inventory. This is an open, operating restaurant. Owners health is becoming an issue. Transferable lease with all the options in place. P&L statement, bank statements available for review. nd Quarter was up over 25% from last year!Do not disturb the employees! If you are looking to open a restaurant, do not pass this opportunity by! Owner operator family will profit!

Contract Information
List Price: $109,900
Current Price: $109,900
List Price/SqFt: 111.23
As Is Cond: Yes
Location, Tax & Legal
Area: 41 - LPGA to Granada, E of Nova
County: Volusia
State/Province: FL
Zip Code: 32174
Year Built: 1973
Style: Business Opportunity
Homestead Exempt: No
General Property Description
Commercial Property Type: Sports/Entertainment
Per Month $: 900
Business Income/Oppty: Restaurant
Lease Type: Gross Lease
Financial Package: Yes
Base Lease: 900
# Parking: 15
SqFt - Total: 1092
Living Area: 988
SqFt Source: Property Appraiser
Zoning: Other
Franchise Opt In: Yes
Status Change Info
Status: Active
Income/Operating Inc
Gross Income: 230000
# Electric Meters: 1
# Gas Meters: 1
Office SqFt: 260
Retail SqFt: 728
Property Features
Bldg Type/Location: Commercial; See Remarks
Access/Transport: 4 Lane
Construction: Concrete Block; Siding - Aluminum; Siding - Wood
Air Conditioning: Central
Heating: Central
Sewer: Septic
Interior Improvement: Display Window; Kitchen Facility; Private Restrooms; Public Restrooms; Security System; See Remarks
Site Improvements: Pole Sign
Utilities on Site: Bottled Gas
Possible Use: Bar/Tavern; Professional Service; Restaurant
Roof: Flat
Ceiling Height: 7 - 10 Feet High
Parking: Lot
Financing: See Remarks
Lease Provisions: 3 - 5 Years; Optional Purchase; Renewal Option
Included in Sale: Beer/Wine License; Business Name; Business Only; Corporation; Equipmen/Machinery; Fixtures; Furniture; Good Will; Inventory; Lease (Building); License; Signs - Owned; Tools
Included in Lease: AC Maintenance; Lawn Care; Real Estate Taxes; Roof Repair; Trash Removal; Water
Special Conditions: Agent Owned

Listing Office: RE/MAX Signature

Last Updated: August - 03 - 2018

Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.

Wednesday 17th of October 2018 02:28 PM