12 SW 1st Avenue Gainesville, FL 32601
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.
- Property TypeBusiness Opportunity
- NeighborhoodN/A
- CountyAlachua
- Taxes$10,117
- HOA/Condo/Coop Fees$0
- Days on Site51 Days
- MLS StatusActive
- MLS ID NumberGC523815
- Home Size Source N/A
- Year Built1900
- Lot Size0.11 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 1
- Acreage 0.11
- Foundation Block
- Zoning CCD
- Direction Faces South
- Ownership Other
- Parcel Number 14615-000-000
Interior Features
- Cooling Central Air
Exterior Features
- Waterfront Property No
- Road Frontage Other
Community Features
- Township 10
- MLS Area 32601 - Gainesville