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$1,699,000
Est. payment /mo
4,164 SqFt
Price Dropped by $151K
1610 S DIXIE FWY New Smyrna Beach, FL 32168
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Sharon Bennett
The TeamBennett Group-People's Trust Realty
teambennettgroup@gmail.com +1(352) 585-6597UPDATED:
12/28/2024 02:03 AM
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 4,164 sqft
Price per Sqft $408
Subdivision Edsonridge Sub 2
MLS Listing ID NS1080056
HOA Y/N No
Originating Board Stellar MLS
Year Built 1976
Annual Tax Amount $14,874
Lot Size 1.120 Acres
Acres 1.12
Property Description
Seize a lucrative investment opportunity with this high-volume, turnkey restaurant, boasting a remarkable 29-year history of success as of January 2024. Strategically located just off a high-traffic, four-lane thoroughfare, this property is a goldmine for both seasoned and aspiring investors seeking a robust entry into the thriving food and beverage industry. This commercial gem features a sizeable dining area with a capacity of 190, including a versatile 30-seat patio with ample parking. This outdoor space is not only a delightful dining area but also a versatile venue for hosting a variety of events and social gatherings, adding a profitable dimension to the business model. The ability to cater to private parties, community events, and fundraisers offers significant potential for revenue growth and brand recognition. The restaurant is fully outfitted with comprehensive, high-quality equipment, ensuring operational efficiency from day one. The inventory includes comfortable booths, tables, chairs, multiple TVs for an enhanced guest experience, and an exceptionally equipped kitchen. Key kitchen features include two walk-in coolers, a walk-in freezer, a 24-tap long draw glycol draft system, five fryers, a flat-top grill, a pizza oven, and more, enabling a diverse and appealing menu offering. The addition of a freestyle soda system and a surround sound system enhances the overall customer experience. For business operations, a private office space is included, and an external storage room offers additional convenience. Notably, the building underwent a significant rebuild 11 years ago, ensuring that the infrastructure is modern and reliable. This property presents a unique opportunity for an investor or business owner to acquire a well-established, profitable restaurant with a proven track record. Its long-standing reputation, combined with its strategic location and comprehensive facilities, positions it as a prime investment for continued success and growth in the dynamic restaurant industry. All information is intended to be accurate, however not guaranteed.
Location
State FL
County Volusia
Community Edsonridge Sub 2
Zoning 10B3
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Concrete
New Construction false
Others
Ownership Franchise
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by EXIT REAL ESTATE PROPERTY SOL