Seller Financing - Adult 55+
Address
13890 Landstar BOULEVARD, ORLANDO, FL
Price
$ 975,000
Property Attributes
  • MLS#S5090385
  • TypeBusiness Op
  • CountyORANGE
  • CityORLANDO
  • AreaOrlando-Taft - Meadow woods
  • Zip32824
  • StyleRestaurant
  • Price$ 975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2400
Data Source:
Stellar MLS
Property Description

MAJOR PRICE IMPROVEMENT!!! Business Opportunity (No Real Estate Included) Landmark Restaurant available for sale after 24 years in business. This chinese restaurant is a local hotspot and landmark or more like an institution. It is very highly profitable and boasts a solid loyal cliente that it very hard to duplicate. Sale includes all equipment and goodwill, signage, name etc. If you are looking for a business that makes money from day one this is it, with over 550K net every year and then some. Hard to find any business that will produce that instant cash flow and pay itself off in 3 years. There are other revenues that can be added to increase this even more, such as delivery, grubhub, uber eats etc. Get in contact with us or your broker, line up the financing as this is already approved for the sba 10% down program and great for EB5 Visas. Seller Financing is available for a portion of the purchase

Price History
8/26/2023 Listed $1,300,000
10/23/2023 8% - $1,199,000
4/13/2024 30% - $850,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available,Natural Gas Available,Public,Water Connected
Roof Built-Up
Appliances Dishwasher,Microwave,Refrigerator
Construction Materials Block
Electric 200+ Amp Service,440 Volts
Levels One
Property SubType Restaurant
Tax Year 2022
Percent Ownership Corporation
Business Type Restaurant
Accessibility Accessible Bedroom,Accessible Entrance
Business Name Palacio Chino
County Orange
Property Type Business Opportunity
Building Features Bathrooms
Status Active
Directions Landstar to Town center blvd,plaza is on the corner
ModificationTimestamp 2024-06-01T14:48:25.053Z
City ORLANDO
Buyer Agent Compensation 2.5%
Disclosures None
View Y/N No
MLS Area 32824 - Orlando/Taft / Meadow woods
Waterfront Y/N No
Property Condition Completed
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5090385
Days on Market 280
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Ceramic Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Display Window(s)
LivingAreaSource Owner

Exterior Features

Parking Features 19 to 30 Spaces
Water Source Public
Foundation Details Slab
Building Area Total 2400
Road Surface Type Asphalt
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 32824

Price
AVG $980K
$980K
Visits
AVG 235
235
Data Provided by Inside Real Estate®

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