For Sale
$150,000

0 Closed Restaurant For Sale In Sarasota Fl With Hood Bring Your Own ConceptSarasota, FL 34231

900 sq ft, fully equipped, low lease.

Overview

Added:
Dec 11, 2024
Days on market:
114
This 900-square-foot restaurant space in Sarasota, Florida (zip code 34231), is available for $129,999. The property boasts a fully equipped commercial kitchen, including fryers, a flat top, commercial refrigerator and freezers, ovens, a hood system, and ample stainless steel prep tables and shelving. Other included equipment consists of a char broiler, commercial microwave, triple bay sink, above-ground grease trap, and various smallwares and utensils. The lease, currently at $1600 per month, expires May 31, 2025, with a five-year option available. The seller is offering seller financing and will provide two weeks of training. The space is adaptable to various restaurant concepts and benefits from a low lease rate in a high-growth area. Gross revenue for the previous year was $172,000. While currently lacking indoor seating, the space could easily accommodate four 4-top tables. This presents a unique opportunity for a quick start-up or expansion into the thriving Sarasota market, avoiding the significant costs associated with building a restaurant from scratch. The existing infrastructure, including HVAC and plumbing, significantly reduces initial investment. The seller's relocation necessitates a quick sale, making this a compelling investment opportunity.

Highlights

  • 900 SF restaurant space in Sarasota, FL (34231).
  • Fully equipped commercial kitchen including fryers, flat top, refrigerators, freezers, ovens, hood system, prep tables, and shelving.
  • $129,999 asking price; seller financing available.
  • Current lease: $1600/month, expiring May 31, 2025, with a five-year option.
  • $172,000 gross revenue (prior year).
  • Adaptable to various restaurant concepts; potential for four 4-top tables.

Property Details for 0 Closed Restaurant For Sale In Sarasota Fl With Hood Bring Your Own Concept

Property type
Retail properties, Restaurants
Square Feet
900 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2612782
Longitude
-82.5131717
Closed Restaurant For Sale In Sarasota Fl With Hood Bring Your Own Concept, Sarasota, Florida

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0 Closed Restaurant For Sale In Sarasota Fl With Hood Bring Your Own Concept
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