Frostproof, FL, 33843 | $749,888
Great Turnkey Restaurant/Bar. Real Estate is included in sale price. This business has been in a local staple and in operation since 1940’s. “World Famous Slaw Burger” is a Foodie Favorite with over 78, 000 burgers sold Annually.
This business has a great location and an extraordinarily strong and loyal customer base. For sale are the Business Name and good faith, and equipment. Real estate included which offers a Fun Bar Scene with live entertainment. Pool tables, dart boards, and arcade games are leased, a large patio, Building located at 35 S. Scenic Hwy includes extra-large, fully operational commercial kitchen and 125 seating capacity. This building has many potential business opportunities for just about any kind of food service, could be subleased for additional income. There is approximately 6, 600 sq. ft in two conjoined buildings. Business is located on a corner lot with 10 private parking spots. This business opportunity has an active SRX Restaurant liquor license and is currently open 7 Days a week. Restaurant/Bar has an experienced and knowledgeable staff in place. POS (purchased), all equipment, and goodwill are included in purchase price. Over $180k in renovations have been completed on the buildings since 2016.
Don't Miss Out. . . . Check it Out. . . Today! Contact us today for more information, pictures, and to schedule a walk through. YOU WILL BE GLAD YOU DID!
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Non-Disclosure Agreement (NDA) before any specific information, such as financials. NO EXCEPTIONS!
Features
- Property Type: Restaurant
- Construction: Brick
- Utilities: BB/HS Internet Capable, Electricity Available, Natural Gas Available, Phone Available, Water Connected
- Garage: 6 to 12 Spaces
- Levels: 1
- Heating: Heat Pump, Natural Gas
- Cooling: Central Air
- Lot Size: 81 x 120
- Year Built: 1946
- Approx Sq. Feet: 6,800
- Acreage: 0.23
- Est. Taxes: $2,038
- Lot Desc: Central Business District, Corner Lot, City Lot
- Appliances: Dishwasher, Microwave, Refrigerator
- MLS#: K4901129
- Days on Market: 1184 days
- Website: https://www.raveis.com
/prop/K4901129/_frostproof_fl?source=qrflyer
Listing courtesy of KEYSTONE REALTY Phone: 863-635-0030
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Frostproof, FL, 33843
$749,888
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $599,910 | $599,910 | $599,910 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.625% | 7.490% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 8.157% | 7.638% | 7.019% |
| Monthly Tax Payment | $170 | $170 | $170 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,246 | $4,191 | $5,267 |
| Total Monthly Payment | $4,508 | $4,453 | $5,529 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388