Catylist ID:
#30831170
| Catylist Listing ID: | 30831170 |
| Property Subtypes: | Restaurant |
| Contiguous Space: | 4,000 SF |
| Building Size (RSF): | 4,000 SF |
| Gross Building Area: | See Agent |
| Lease Rate: |
$25 PSF (Annual) |
| Base Monthly Rent: | $8,333 |
| Lease Types: | NNN |
| Building Name: | Iconic Restaurant for Lease |
| Last Updated: | 4/20/2024 |
Overview / Comments
|
This very successful and well-known family restaurant has been a Pensacola staple for over 20 years and is privately held by the same owner since opening. The per person check average is $10 and $13 REAL ESTAE AND FACILITIES Restaurant site is highly visible with ample parking and easy access from major roads and highways ANNUAL REVENUE. Approximately $2 million NOI. $198,089 Business and Asset Sale: $589,000 THE ADDRESS SHOWN IS FOR THE LISTING BROKERAGE. LOCATION OF RESTAURANT NOT DISCLOSED. Square footage are confidential to public marketing. Please inquire for building and price specifics. BUSINESS HIGHLIGHTS Approximately $2 million in sales Over 20 years in business stable Sales and Cash Flow Sales have bounced back from Covid-19 MOTIVATION FOR SELLING The owner is retiring *To receive confidentiality agreement and Executive summary please contact us. |
Attachments & Media
Expand All Available Space
| Suite: Family Style Restaurant | 4,000 SF | $25 PSF (Annual) NNN |
| Space Available: | 4,000 SF | |
| Lease Rate: |
$25 PSF (Annual) $8,333 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | Fully Renovated Turn key restaurant
Spacious Dining Areas Bar Great access Ample parking Office Brand New Kitchen with hood system |
|
| Date Available: | 1/20/2023 | |
| Space Type: | Relet | |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Tax ID/APN: | 000S009007003024 |
| Retail Clientele: | General, Business, Traveler, Tourist |
| Property Visibility: | Excellent |
| Tenancy: | Single Tenant |
| Property Condition: | Excellent |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,837 | 47,198 | 121,848 |
| Median Age: | 39.96 | 39.58 | 37.8 |
| Households: | 3,552 | 19,846 | 46,860 |
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