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| Location: | Saint Augustine, FL USA (32084) |
Phone: (904) 687-1592
Title: Very Profitable, High Traffic.
Posted: Sep 29th, 2009
Price: 295000.00
Type: Retail
Desc: Status: For Sale Asking Price $295,000 Location: Florida (St. Augustine) Type: Retail Business Living Areas: Beds: Baths: Floor Area: Plot Area: Email us about this listing Tel: 904-687-1592 24 Cathedral Place, Suite 400 St. Augustine FL 32080 Profitable business selling collectables in highly desired St. George Street in the heart of St. Augustine's historic district. Peppered with quaint shops and restaurants, this area boasts scenic waterfront vistas, upscale dining and shopping as well as low cost of living. Owner reporting the following: - M~300k/yr gross - M~90-130k/yr net over 22 years - $195k in merchandise (Retail Value) - Seller will support and assist Buyer for 6 months. - Seller will offer several months of rent reduction Location Description: Located in the center of the pedestrian-only section of St George Street in the heart of the commercial Historic District which commences across the Castillo de San Marcos (the fort) to the north and runs five blocks to the Plaza de Constitucion on the south end. St George Street is the biggest retail and restaurant destination in the nation's Oldest City. Serving domestic and international visitors as well as locals, the regular traffic also includes daytrippers from nearby Jacksonville and extending to an eight hour drive from points north, south and west. St Augustine is located in northeast Florida approximately 40 miles south of Jacksonville and has an airport 15 minutes north of downtown.
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