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12 SW 1ST AVENUE

Commercial For Sale
$95,000

BTC: 1.07768975

ETH: 28.78787879

117 days
0 room(s)
4,620 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Paramount Grill presents an excellent opportunity for a new owner to take over a well-established restaurant with a solid reputation and strong financial performance. Whether you're an experienced restaurateur looking to expand your portfolio or an entrepreneur entering the hospitality industry, this turnkey operation offers a compelling investment in a sought-after location. Serious inquiries are encouraged to explore this rare chance to acquire Paramount Grill and continue its legacy of culinary excellence and profitability. For further details or to schedule a viewing, please contact us today. Key Features: Seating Capacity: Accommodates 78 guests comfortably. Location: Enjoy a prominent position with a full sidewalk frontage, ideal for attracting foot traffic. Liquor License: Fully licensed for wine and beer service, enhancing the dining experience. Established Tenure: Successfully operated for 4 years under current ownership. Lease Details: Monthly rent of $3,737 includes sales tax, with property taxes covered by the landlord. Insurance Responsibilities: Interior insurance expenses managed by the chef, while building insurance is covered by the landlord. Size: Spans 2,800 square feet, providing ample space for dining and kitchen operations. Financial Performance: Boasts a robust gross annual sales figure of $1.4 million, translating to a net income of approximately $4,000 per month.

Location

Facts and features

Type:
Business Opportunity
Parking:
No Data
Year Built:
1900
Lot:
0.11 Acres
Heating:
No Data
Price/sqft:
$21
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 14615000000

    • Zoning: CCD

  • Type and style

    • Property Type: Business Opportunity

    • Property Sub Type: Restaurant

  • Other financial information

    • Annual tax amount: $10,118

  • Source details

    • MLS ID: GC523815

    Other facts

    • Foundation Details: Block

    • Direction Faces: South

    • Living Area: 4620

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BOSSHARDT REALTY SERVICES LLC