Restaurant & Real Estate Opportunity – Downtown St. Augustine
Listing Number: 7101-567731
Listing Details
- Down Payment: $400,000
- Sales: $0
- Seller's Discretionary Earnings: $0
- Inventory: $0
- Furniture, Fixtures, and Equipment: $100,000
- Rent: $5,800
- Employees:
- Year Established: 53
- Reason for Selling: Other Interests
Business Description
Exceptional opportunity to acquire both a fully equipped restaurant and the underlying real estate in the heart of downtown St. Augustine. This 2,151-square-foot restaurant features seating for 67 guests and is being offered with all furniture, fixtures, and equipment (FF&E) included.
Situated on a 0.303-acre parcel, the property offers 23 on-site parking spaces and is zoned CL-2, providing flexibility for a variety of commercial uses. The current tenant is scheduled to vacate within the next few months, creating an ideal opportunity for an owner-operator to establish their business while building equity as their own landlord.
Seller will consider a lease purchase option with $80,000 paid for FF&E and $5800 a month rent.
Seller financing may be available for qualified buyers with a minimum down payment of $400,000.
For additional information or to schedule a private showing, please contact us.