105 East Garden Pensacola, FL 32502 | Other | Business Opportunity

$575,000

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Description

**Submit executed NDA required to receive additional information**Business and Asset Sale (No Real Estate):Business Location: (Confidential ? Address is to Listing Broker) ?2019 Sales: $1521173?2020 Sales: $928826 (COVID-19 & Business Relocation)?2021 Sales: $1598402 ?2022 Sales YTD (Jan ? April): $520817Well-staffed Full-Service Restaurant established in 1995 was relocated following hurricane Sally in September 2020. The new location provides excellent visibility outdoor covered patio with onsite parking in beautiful Downtown Pensacola. Since the relocation they have expanded the menu and secured a liquor license. When they are open expect to wait in line since they are currently only open for lunch! Tremendous upside opportunities! This is more than a restaurant. This is a piece of Pensacola History.?4.6 Star Google Rating (1597 Reviews)?Yelp - Rated #2 ?TripAdvisor - Rated #3 Current Hours: 11:00 am to 5:00 PM Tuesday ? SaturdayRestaurant Lease: Four (4) years remaining on current lease with two (2) options to renew for five (5) years. The building is currently occupied by two tenants.

Property Details

Property Type Business Opportunity Status Active CMLS ID# 30743227

structure

Total Baths 0

characteristics

lot size units acres

tax

parcel number 000S009001001305

compensation

Buyer Agency Comp. 3.5%
The buyer agent compensation offered only applies to participants and data share participants of the Gulf Coast CMLS.