Catylist ID:
#30842614
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 EVENT - CONCERT HALL 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 $1.1 million in 2022. PROPERTY: The property has 200 parking spots Metal building Zoned: GC, cross easement in place with a neighbor |
Additional Details
| Industry Segment: | Restaurants |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Value of Real Estate Included ($): | $0 |
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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