12 SW 1st Ave , GAINESVILLE, FL 32601
GAINESVILLE, FL 32601
Description
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.
Details
| Mls | GC523815 |
|---|---|
| Listing Type | For Sale |
| Style | Hospitality |
| Buildingname | Paramount Grill |
| Subtype | For-sale |
| Status | Active |
| Year | 1900 |
| Days On Site | 143 |
| Listing Provided By | BOSSHARDT REALTY SERVICES LLC | Amy Yang |
Features
| Sq Feet | 4,620 |
|---|---|
| Storys | 1 |
| Zoning | CCD |
| Acreage | 0.11 |
Market Activity 32601
Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of December 8, 2024 at 5:07:38 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.Request A Showing
Request A Showing
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Alachua |
| City | GAINESVILLE |
| Zip Code | 32601 |
| Area | 32601 Gainesville |
| Listing VS Median (in 32601) | |
Price: $95,000 low | high Med: $179,000 SqFt: 4,620 low | high Med: 1,087 $ / SqFt: $21 low | high Med: $165 On Site: 143 low | high Med: 160.000000 | |