The Original First Turn Steakhouse

Port Orange, FL (Volusia County)

The Original First Turn Steakhouse
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Asking Price: $849,000

Cash Flow: $308,345

Gross Revenue: $1,952,339

EBITDA: N/A

FF&E: $250,000

Inventory: $20,000*

Real Estate: N/A

Established: 1984

*not included in asking price.

The Original First Turn Steakhouse

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Business Description

IMMEDIATE AVAILABILITY... LONG ESTABLISHED AND PROFITABLE RESTAURANT AND LOUNGE INCLUDING 4-COP FULL LIQUOR LICENSE IN PORT ORANGE, FLORIDA AT THE SIGNALIZED CORNER OF RIDGEWOOD AVE & COMMONWEALTH BLVD. (AADT 15,400). Established in 1984, First Turn is a destination establishment for locals and visitors alike. This thriving business including 4-COP FULL LIQUOR LICENSE ($275,000 value), priceless memorabilia, brand new kitchen equipment and hood system and encompasses a 5,200sqft restaurant with over 2,000sqft on the second floor to include storage, office, and managers apartment, two Tiki bars surrounded by over 3,000sqft of outdoor patio space (brand new patio furniture including high tops, table, and chairs), covered stage for live entertainment, and abundant parking accommodating large gatherings.

Detailed Information

Location:
Port Orange, FL
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
7,210
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,200sqft restaurant with 2,000sqft office and managers apartment. Large outdoor patio with Raw Bar and Tiki Bar. Brand new patio furniture. Brand new kitchen equipment and hood system. Plenty of parking.
Competition:
One of a kind restaurant with limited competition in the local market.
Support & Training:
Negotiable
Reason for Selling:
Owner Retiring
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Contact the Seller

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Beau Warren

Business Listed By:
Beau Warren

Realty Pros Commercial

Show Phone Number

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Sponsoring Broker:
Bill Navarra

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