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$ 95,000
Est. payment | /mo
4,620 SqFt
$ 95,000
Est. payment | /mo
4,620 SqFt
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 4,620 sqft
Price per Sqft $20
MLS Listing ID GC523815
HOA Y/N No
Originating Board Stellar MLS
Year Built 1900
Annual Tax Amount $10,117
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Paramount Grill presents an excellent opportunity for a new owner to take over a well-established restaurant with a solid reputation and strong financial performance. Whether you're an experienced restaurateur looking to expand your portfolio or an entrepreneur entering the hospitality industry, this turnkey operation offers a compelling investment in a sought-after location. Serious inquiries are encouraged to explore this rare chance to acquire Paramount Grill and continue its legacy of culinary excellence and profitability. For further details or to schedule a viewing, please contact us today.
Key Features:
Seating Capacity: Accommodates 78 guests comfortably.
Location: Enjoy a prominent position with a full sidewalk frontage, ideal for attracting foot traffic.
Liquor License: Fully licensed for wine and beer service, enhancing the dining experience.
Established Tenure: Successfully operated for 4 years under current ownership.
Lease Details: Monthly rent of $3,737 includes sales tax, with property taxes covered by the landlord.
Insurance Responsibilities: Interior insurance expenses managed by the chef, while building insurance is covered by the landlord.
Size: Spans 2,800 square feet, providing ample space for dining and kitchen operations.
Financial Performance: Boasts a robust gross annual sales figure of $1.4 million, translating to a net income of approximately $4,000 per month.
Key Features:
Seating Capacity: Accommodates 78 guests comfortably.
Location: Enjoy a prominent position with a full sidewalk frontage, ideal for attracting foot traffic.
Liquor License: Fully licensed for wine and beer service, enhancing the dining experience.
Established Tenure: Successfully operated for 4 years under current ownership.
Lease Details: Monthly rent of $3,737 includes sales tax, with property taxes covered by the landlord.
Insurance Responsibilities: Interior insurance expenses managed by the chef, while building insurance is covered by the landlord.
Size: Spans 2,800 square feet, providing ample space for dining and kitchen operations.
Financial Performance: Boasts a robust gross annual sales figure of $1.4 million, translating to a net income of approximately $4,000 per month.
Location
State FL
County Alachua
Zoning CCD
Interior
Cooling Central Air
Building
Story 1
Foundation Block
Lot Size Range 0 to less than 1/4
New Construction false
Others
Ownership Other
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by BOSSHARDT REALTY SERVICES LLC
If you have been thinking about selling your home, or are looking to buy your dream home, Stacy welcomes the opportunity to meet you!! Feel free to reach out to me so we can discuss your real estate needs.