CONFIDENTIAL! PLEASE DO NOT TALK TO STAFF OR GO TO RESTAURANT TO DISCUSS SALE. Turn-key restaurant building and equipment for sale. Sale is for the real estate, fixtures and equipment only – NOT the BUSINESS NAME OR TRADEMARKED PRODUCTS. Strategically located on a corner lot in Fruitland Park with frontage on heavily traveled US Highway 441. Just 10 miles to The Villages, great visibility and traffic. This restaurant is ready to go, just need licenses. It comes fully equipped with all kitchen equipment, tables, chairs, dishes, utensils, cookware, coolers, cooker, outdoor shed, picnic tables, you name, you have it. Everything you need is here to start. NOTE: the dishwasher is leased and the soda cooler and dispensers belong to the soda company. The restaurant is fully functional and operating now. More than a third of an acre of land, which gives you a lot of parking area. The inside dining area will accommodate approximately 100 people. There is room in the back for private parties, a good size kitchen, a prep room, along with a storage room, private office and private bathroom plus 3 public bathrooms, including one handicap. Your customers will love to take advantage of the outside seating under the lovely live oaks. Schedule a showing today, you will be impressed. All information provided is deemed to be correct but not guaranteed. Restaurant is sold AS IS.
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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 | $596,000 | $596,000 | $596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $584 | $584 | $584 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,015 | $3,961 | $5,026 |
Total Monthly Payment | $4,691 | $4,637 | $5,702 |
* 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.