$350,000
For Sale

Marathon Bagel Company at Islamorada

Plantation Key, FL 33036
Browse 27 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Introducing ''Marathon Bagel Company at Islamorada'' - now offered as 1 business for sale. Established in 2023 in the Upper Keys, this is a sister store for ''Marathon Bagel Company''. Potential for continued growth as a breakfast/lunch haven, or retrofit to a different restaurant concept - opportunities abound. All renovations and additions to this double commercial suite location completed in 2022: all new back of house restaurant equipment and appliances, fridge, freezer, coolers, etc plus front of house display cases, cabinetry, chairs, tables, inventory, supplies and 2 half bathrooms. New electrical, plumbing and concrete epoxy flooring. Currently, the Marathon business houses the ''bagel producing'' equipment and delivers fresh bagels to the Islamorada store daily. Bagel equipment can make 3,000 bagels per day! Purchase new bagel producing equipment for this store, continue as a breakfast/lunch eatery or begin a new restaurant concept at this fabulous location on Plantation Key with prime US-1 frontage. High traffic area near Founder's Park. LLC, machinery, inventory, supplies, recipes, equipment, going concern, and goodwill convey. NO real estate included. Executed NDA required to receive financials. Showings for qualified buyers available during close of businesses only. If you've been looking to relish in a restaurant venture in the Florida Keys, this is it! Purchase the Islamorada business individually, or together with the Marathon business. BOTH Marathon and Islamorada businesses offered together at MLS 609115. Please do not disturb the business if interested.

  • Property Details
      • SubdivisionTreasure Harbor (86.5)
      • Property TypePurchase
      • MLS #610230
      • Cost350000
      • MLS #610230
      • Bathrooms2.00
      • Property SubtypeF

Location

Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co.Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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