Longwood Retail for Lease - Altamonte/Douglas
Brand-new, fully equipped BBQ restaurant and full-service bar available for the first time as a turnkey asset sale. Located at 190 S. Ronald Reagan Blvd. in Longwood, this 5,150 SF space carries a $1 million-plus build-out and has never been operated, offering an incoming operator immediate operations at a fraction of replacement cost.
The asset sale is priced at $250,000 and includes all furniture, fixtures, and equipment along with the availability for a 4COP-SFS state liquor license. Because food is served at all times alcohol is served, the buyer avoids the cost of a 4COP quota license, which runs roughly $100,000 in this market. The state will re-issue the license to the new operator at an annual fee of $1,820.
The dining room and bar are finished to a high standard, with current seating for 121 inside and 36 on the outdoor patio, a building capacity of 175, and a 35-foot granite bar. A full commercial kitchen, walk-in coolers, and complete bar infrastructure are all in place, so a new operator can open with minimal additional investment.
Lease terms are operator-friendly: 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.
The property fronts S. Ronald Reagan Blvd., one of Seminole County's primary commercial corridors, carrying roughly 27,600 vehicles per day, with national anchors including Chick-fil-A, Publix, Walmart, Starbucks, and Wawa nearby. Longwood is one of the highest-income suburbs in the Orlando metro, with a 3-mile average household income approaching $99,000 and strong, stable demographics. Minutes from I-4 and within reach of Orlando Sanford International Airport and downtown Orlando, this is one of the strongest turnkey restaurant and bar opportunities currently available in Central Florida.