531 N Central Avenue, Umatilla, Florida 32784

  • $125,000

Description

This is a unique opportunity to own a restaurant business with property and a 3-bedroom house is included with purchase whether you buy the property or business only. The only stipulation is that if you buy the business only, you cannot rent to someone else, but it comes free to live in. It is at Umatilla near Leesburg. You can live and work in the same place and enjoy the benefits of both. The asking price for this package is $450, 000.00. The business generates a yearly revenue of $415, 000.00 and has expenses of $315, 000.00, resulting in a net income of $100, 000.00. The owner is willing to consider financing options with a significant downpayment. Alternatively, you can lease the business with an option to buy the property later. The lease price is $125, 000.00 and the rent is $3500.00 plus tax plus property tax. It is a triple net lease with flexible terms and conditions. The business has been recently renovated and is ready to operate. For more information,

Details

  • Property ID O6131766
  • Price $125,000
  • Land Area 0.24 Acres
  • Year Built 1972
  • Property Type Business Opportunity
  • Property Status Canceled

Additional details

  • County Lake
  • Property Type Business Opportunity
  • Address: 531 N CENTRAL AVENUE
  • City: Umatilla
  • State/county: FL
  • Zip/Postal Code: 32784
  • Country: US

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