See Similar Listings

$220,000 in Earnings! High End Restaurant for Sale w Liquor License

Tallahassee, FL
listing image
Asking Price:$599,000
Gross Revenue:$1,256,932
Established Year:2013
Cash Flow:$222,952
Rent:$2,750/Month
Listing ID: 2303075Listing provided by BizBuySell
BUSINESS DESCRIPTION

Check out this Listing!

This thriving Restaurant for Sale, is well-known across the Florida Panhandle and southern Georgia markets for its high-quality, delicious entrées and impressive profitability for its current owners. With $1.2 million in annual sales, this locally owned, independent concept delivers over $220,000 in annual owner earnings. It's an ideal opportunity for either an owner-operator or an absentee owner looking for steady returns.
Located in a bustling district surrounded by retail stores, restaurants, and other major traffic generators, this Restaurant for Sale is tailored to meet today's fast-paced customer demands. Patrons can choose between indoor and outdoor seating, with total occupancy at 88. Currently, the restaurant operates limited hours, providing ample opportunity for a new owner to extend operating hours and increase profits. The current owners have set up new buyers for success with a fully equipped commercial kitchen, a bar with a full liquor license, a highly rated menu, and a strong base of loyal customers.
The Restaurant for Sale has a fantastic team in place, managing day-to-day operations smoothly, allowing the current owner to remain part-time by choice. This setup offers the flexibility to be as hands-on or hands-off as desired. The restaurant is fully furnished with all necessary equipment, making it ready for business from day one. Contact We Sell Rstaurants to see the complete equipment list.
Situated in a highly sought-after location with limited availability, this Restaurant for Sale has built a loyal customer following since opening. The lease on this 2,200-square-foot space is significantly below market rent at $2,750 per month, representing just 3% of annual sales. The lease is valid through 2025 with renewal options, ensuring long-term stability. With seller support offered, you'll be set up for success from the start. Bring your offers on this established restaurant today!
By providing your phone number to We Sell Restaurants, you agree to receive text notifications.

DETAILED INFORMATION
Location
Tallahassee, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,200
Lease Expiration
01/11/2026
Employees
15
Facilities
One Glass Door Upright Reach In Cooler for Meat One Glass Door Upright Reach In Cooler for Wine 3 Under Counter Glass Door Reach In Coolers for Wine Ten Button Bar Soda Gun Avantco 4 Tap Kegerator Beer Dispenser Stainless Steel Bar Ice Bin with Bottle Rack Stainless Steel 3 Compartment Bar Sink Toast POS Terminal with Cash Drawer and 3 Printers Toast Kitchen Display Monitor Bar Maid Glass Polisher Avantco Ice Machine with Bin True One Door Reach In Cooler 15 Ft Exhaust Hood Convection Oven with Stainless Steel Table Imperial Six Burner Gas Stove & Oven Tri Star Gas Griddle with Stainless Steel Table Vulcan Char Grill with Stainless Steel Table Avantco Fryer Kolpak 5 X 8 Walk In Cooler True Two Door Reach In Freezer One Glass Door Reach In Cooler Six Ft Prep Line Cooler 2 Five Ft Prep Line Coolers Two Ft Prep Line Cooler Master Bilt One Door Reach In Freezer Bar Dishwasher. Not installed Char Grill. Not installed. Washing Machine for linen Dryer for linen Grease Trap Biro Ban Saw Three Compartment Dish Sink One Compartment Sink with Stainless Steel Table Hand Sink 2 Laundry Sinks 6 Stainless Steel Tables 2 Bakers Racks with Casters 8 Storage Racks Dunnage Rack Inverter Microwave Full Size Countertop Food Warmer Server Countertop Soup Warmer Volrath Cayene Soup Warmer Volrath Mixer Dehydrator Waring Food Processor Waring Pro Prep Chopper Vitamix Blender Toogood Meat Grinder Kitchenaid Mixer Nemco Heatlamp Strip Vegetable Chopper Bunn Coffee Brewer 6 Wooden Booths with tables 3 Four Top Tables 3 Two Top Tables 18 Dining Room Chairs 4 High Top Bar Tables 14 Bar Chairs 2 Outside Tables with Umbrella 8 Outside Chairs 15 Ft Bar 15 Ft Bar Back Cabinet Wooden Wall Wine Rack Hostess Stand Promotional Items Display Case TV in Kitchen Assorted Wooden Cabinets Camera and Music System Office Printer Safe Catering Dinnerware 200 plates Catering Dinnerware 150 Salad or App plates Catering Dinnerware 150 small plates Catering Dinnerware 75 Soup Bowls Catering Dinnerware 125 Champagne Glasses Catering Dinnerware 125 Wine Glasses Catering Dinnerware 50 Coffee Cups Catering Carving Station with Heat Lamp Catering Cambro Hot Box 2 Catering Heat Wells 6 Caterign Chafing Dish Set Ups Multiple Catering Serving Trays and Display Racks
Competition
A unique concept of its kind within the corridor, attracting customers from nearby communities.
Growth & Expansion
This single-unit business attracts customers from nearby communities and has strong potential for growth and expansion.
Support & Training
Negotiable
Reason for Selling
Personal
Report an Issue with this listing
profile-img
Michael
Holmes
logo-img
Phone Number
Michael Holmes
Call Phone