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965 State Road 16

St Augustine, FL 32084
  • $100,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 223531
UPDATED: 76 min ago
$100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
05N
Type:
Commercial
County:
Area:
05N

School Ratings & Info

Description

Price Improved!!! Motived seller is turning over a very profitable restaurant business and retire. Price is highly negotiable and the seller would entertain all reasonable offers. Gross sales $525k in 2019 and $479k in 2020. Net $49k in 2019 and 27k in 2020 (COVID year) after all expenses and payrolls. 2021 and 2022 are all doing better. This is suitable either for home based or absentee owners. A little less than a year left on the lease in a Publix plaza, the property management company is open to renegotiate a lease with the new tenant. Licensed for 16 seats. All equipment, marketing, signs, tables and chairs will convey. Existing inventory is not included in the price but it's negotiable. Could easily add other cuisine such as Vietnamese , Japanese or Spanish food as takeout or dine in. Store sf is 1,200(80x15'). Numbers can be backed up by Profit and Loss and Business Income Tax. All documents are available for review in due diligence period. DISCLAIMER: All Details Disclosed subject to error, omission or change without notice.

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© 2022 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Newcomer Group. Data last updated 2022-06-28T13:30:56.557.
www.thenewcomergroup.com/homes/128278230
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965 State Road 16 St Augustine, FL 32084

  • Price: $100,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 76 min ago
  • MLS #: 223531
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
05N
County:
Saint Johns
Area:
05N
Property Description
Price Improved!!! Motived seller is turning over a very profitable restaurant business and retire. Price is highly negotiable and the seller would entertain all reasonable offers. Gross sales $525k in 2019 and $479k in 2020. Net $49k in 2019 and 27k in 2020 (COVID year) after all expenses and payrolls. 2021 and 2022 are all doing better. This is suitable either for home based or absentee owners. A little less than a year left on the lease in a Publix plaza, the property management company is open to renegotiate a lease with the new tenant. Licensed for 16 seats. All equipment, marketing, signs, tables and chairs will convey. Existing inventory is not included in the price but it's negotiable. Could easily add other cuisine such as Vietnamese , Japanese or Spanish food as takeout or dine in. Store sf is 1,200(80x15'). Numbers can be backed up by Profit and Loss and Business Income Tax. All documents are available for review in due diligence period. DISCLAIMER: All Details Disclosed subject to error, omission or change without notice.
Exterior Features

Lot Size 8.85

Interior Features

Office Sq Ft 1200

Property Features

Bank Corporate Owned YN No Business Description Chinese Take Out Restaurant Business Name Great Wall Cdd YN No Present Zoning Pud Short Sale YN No Type Of Property Retail

Listing courtesy of Re/Max Leading Edge.


© 2022 St. Augustine & St. Johns County Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Newcomer Group. Data last updated 2022-06-28T13:30:56.557.
 
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The Newcomer Group
770 A1A Beach Blvd Suite D
St. Augustine FL, 32080
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