LISTING TITLE
Turnkey BBQ Restaurant & Bar | Brand-New $1M+ Build-Out | 4COP-SFS State Liquor License Available | $250,000 Asset Sale
PROPERTY TYPE
Restaurant / Bar & Grill (Business for Sale, Asset Sale)
DESCRIPTION
EatZ & Associates is pleased to present a rare turnkey opportunity: a brand-new, fully equipped 5,150 SF BBQ restaurant and full-service bar at 190 S. Ronald Reagan Blvd. in Longwood, Seminole County, Florida. The space carries a $1 million-plus build-out and has never been operated, offering a buyer immediate operations at a fraction of replacement cost.
This is an asset sale and lease assignment priced at $250,000, well below the cost to build the space from the ground up. The price includes all furniture, fixtures, and equipment per the equipment list, plus a 4COP-SFS state liquor license. Because food is served at all times alcohol is served, the incoming operator avoids the cost of a 4COP quota license, which runs roughly $100,000 in this market. The state will re-issue the 4COP-SFS license to the new buyer, with an annual fee of $1,820.
The dining room and bar are finished to a high standard. Current seating is 121 inside and 36 on the outdoor patio, with a building capacity of 175 seats, anchored by a 35-foot granite bar. The full commercial kitchen, walk-in coolers, bar infrastructure, and FF&E are all in place, so a new operator can open with minimal additional investment.
Lease terms are operator-friendly. The space sits on a 6-year gross lease expiring 7/14/2031, plus two 5-year options, at $7,917 per month gross including trash. The landlord is providing free rent until July 2026, giving an incoming operator a meaningful runway to open, ramp revenue, and stabilize before rent commences.
LOCATION & TRADE AREA
The property fronts S. Ronald Reagan Blvd., one of Seminole County's primary north-south commercial corridors, carrying approximately 27,600 vehicles per day (FDOT 2024 AADT). National anchors in the immediate trade area include Chick-fil-A, McDonald's, Publix, Walmart, Starbucks, Wawa, Walgreens, and Home Depot. The site is minutes from I-4, roughly 10 miles south of Orlando Sanford International Airport and about 15 miles north of downtown Orlando.
Longwood is one of the highest-income suburbs in the Orlando metro. The 3-mile trade area captures over 70,000 residents and 27,600 households with an average household income approaching $99,000. The 5-mile ring expands to nearly 196,000 residents with average income above $107,000. The market is mature, stable, and homeowner-dominated (69%+ owner-occupied), with a median age in the early 40s, the prime demographic for full-service casual dining and bar-and-grill concepts. The 3-mile ring captures over $2.1 billion in annual consumer spending, including an estimated $96 million spent on food away from home each year.
Seminole County is among the fastest-growing counties in Florida, with population projected to grow 18% by 2030. Ongoing SunRail commuter rail expansion, the Longwood City Center mixed-use redevelopment within 2 miles, and new retail and hospitality investment along the corridor continue to strengthen the trade area.
IDEAL BUYER
This asset suits an experienced restaurant operator, a bar or nightlife operator leveraging the full liquor license and granite bar, a regional or national BBQ or Southern concept, an entertainment or sports-bar venue seeking a large-format space, a multi-unit franchisee, or a chef-driven independent. The combination of a brand-new build-out, a full liquor license, high seat count, and a free-rent runway makes this one of the strongest turnkey restaurant opportunities currently available in Central Florida.
PROPERTY HIGHLIGHTS
Brand-new 5,150 SF build-out, $1M+ invested, never operated
Asset sale at $250,000 including all FF&E and liquor license
4COP-SFS full liquor license included (state re-issues to buyer; saves ~$100K vs. quota license)
175-seat capacity (121 inside + 36 patio) with 35-ft granite bar
Full commercial kitchen and walk-in coolers in place, turnkey
Free rent until July 2026 on a 6-year gross lease + two 5-year options
$7,917/month gross including trash
~27,600 vehicles/day on S. Ronald Reagan Blvd. (FDOT 2024)
3-mile avg. HH income ~$99K; 5-mile ~$107K
Minutes from I-4, near Chick-fil-A, Publix, Walmart, and Starbucks
PROPERTY FACTS
Sale Type: Asset Sale (Business for Sale)
Sale Price: $250,000
Building Size: 5,150 SF
Concept: BBQ Restaurant / Bar & Grill
Seating: 175 capacity (121 interior + 36 patio)
Liquor License: 4COP-SFS (full liquor), included
Lease Type: Gross
Lease Rate: $7,917/month gross (incl. trash)
Lease Term: 6 years, expires 7/14/2031, + 2 x 5-year options
Free Rent: Through July 2026
County: Seminole County, FL
Availability: Immediate
Condition: Brand-new build-out and FF&E
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Date available: Now
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Lease term: None
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Service type: Full Service Gross
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Built out as: Drinking Establishment
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Space Type: Sublet
Ted Aretos
Eatz & Associates
