This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.
Browse More Listings in Retail For Sale, Ormond Beach, FL or Florida
869 S. Atlantic Avenue, Ormond Beach, FL 32176
7,000 SF | Retail
Retail Property - Off Market
- Building Size:
- 7,000 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Business For Sale
- Listing ID
- Last Updated
- over 1 year ago
- 10 year financials available upon request.
This wildly popular seafood restaurant with sales of almost $2 million and a seating capacity of over 220, has been in business for over 23 years and highly profitable. Located on Ormond Beach "Restaurant Row", onwe half block from the ocean, on the NE corner of Atlantic Ave. & Harvard. This is a popular spot with the locals & vacationers alike. It's Key-West look along with the gorgeous Caribbean Pub withfull liquor license & total Nautica theme matches the location. Owner's expansion plans in a different segment of the industry causes for the sacrifice of this gold mine at $600,000. The selling price includes all company assets, including FF & E, experienced staffing of 45+, company goodwill, 22 year lease at an incredible monthly rent of 5% of the total sales, (yes, only 5% of the approximately $2 million in sales) and Intellectual Property: Own the "Barnacle" name in the State of Florida.
Ormond Beach "Restaurant Row", 22 year lease.
Map of 869 S. Atlantic Avenue, Ormond Beach, FL 32176 (Volusia County)
Research for 869 S. Atlantic Avenue, Ormond Beach, FL 32176 (Volusia County)
- Demographics – Population, income & other demographics near 869 S. Atlantic Avenue
- Research Price – Recent sales of similar properties
- Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO