1610 S Dixie Fwy - Restaurant FOR SALE


New Smyrna Beach, FL 32168
$1,699,000 USD
386-527-5357
1610 S Dixie Fwy, New Smyrna Beach, FL for Sale
$1,699,000 USD
Restaurant - FOR SALE
1/44
null | Request Cap Rate

1610 S Dixie Fwy
New Smyrna Beach, FL 32168


HIGHLIGHTS

  • Heavy Traffic
  • Well Established
  • Ample Parking

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$324 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

B3

APN/PARCEL ID

7449-04-05-0100

ASK ABOUT THIS PROPERTY

Carl VasileEXIT Real Estate Property SolutionsMore Info
386-527-5357

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Carl VasileEXIT Real Estate Property SolutionsMore Info
386-527-5357

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.