Income Producing Property with Real Estate Included

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30842614
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $4,600,000
In Opportunity Zone? Yes
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 5/11/2023

Overview / Comments

Property Summary

RESTAURANT - El Sombrero

5,000 SF / 170 Seats

Fully equipped and all FF&E is included in purchase price

Very profitable and well known in the area

The restaurant pays approximately $54,000 per year in rent

4COP liquor license included


Fully remodeled with a new dance floor, upgraded sound system, new HVAC, new roof sealed with a 10 year warranty.

Extremely popular event hall for private parties and dance hall on Saturdays.

100% sprinklered and non-smoking building, 18 and over only.

Sales volume for event/concert hall was approximately $1.1 million in 2022.


The property has 200 parking spots

Metal building

Zoned: GC, cross easement in place with a neighbor

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282


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