10916 Atlantic Boulevard Unit 24, Jacksonville, FL 32225

$99,900
3,276
SqFt

Property Description

Very well established Thai food full service restaurant. Priced at LESS THAN A 2 YEAR NET EARNINGS MULTIPLE or a double digit CAP RATE!!! Owner has to return home to care for family and, with great regret, must sell her prized restaurant. Over 3200 sf with fully equipped kitchen, dining room with booths and tables, a full service bar, and great clientele. New owner could add other menu items, catering, even bbq by retrofitting an unused brick fire pit. Owners loss is your gain. Lease on space was renewed for five years last March. New owners must qualify to take over existing lease or re-negotiate new terms. See documents for FFE list and other information. Possible transfer of beer and wine license but this must be verified by buyer.

Listing courtesy of COLDWELL BANKER VANGUARD REALTY.

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