Family Style Restaurant

Retail-Commercial for Lease
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: 5/20/2024

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.

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

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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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