Michael Yovanovich - Coldwell Banker Coast

Description

Dreaming of owning a restaurant? This is an unbelievable opportunity!Owners health has become an issue and forces sale at an incredibly below value price!Now at the end of the 2nd year, 2018 sales $240000 with $80,000 in profit! POS system in place since day 1 and the numbers don't lie.$20,000 in Inventory and $30,000 in equipment and furnishings included in price.This is a excellent proven concept supported by the community. Only open 48 hours per week and Closed on Sundays - so the upside potential is endless. Numbers do include $600 per week in payroll, $300 per month in hurricane, liability insurance.Located close to residential, commercial and recreational areas, with new construction of homes and condos expected will only catapult the business.

Details

MLS#1043260
Sub-TypeResale
StatusActive
Year1973
Days On Site184

Features

SQ Feet988
Story(s)1
ZoningOther

Market Activity 32174

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Area Information

StateFL
CountyVolusia
CityOrmond Beach
Zip Code32174
Area41 - LPGA to Granada, E of Nova
Listing VS Median (in 32174)
Price:
$99,900
low | high
Med:
$271,343
100% of Average
SqFt:
988
low | high
Med:
1,483
2% of Average
$ / SqFt:
$101
low | high
Med:
$188
35.612718280308% of Average
On Site:
184
low | high
Med:
36.5
100% of Average
Listing Updated: 11/16/2018
MLS Number: 1043260
Listing Provided By:
Janet Fuller  of  RE MAX Signature