For Sale
$379,900

0 Sarasota Revenue Of $850000Sarasota, FL 34238

Turnkey Restaurant, High Revenue, Seller Financing

Overview

Added:
Dec 11, 2024
Days on market:
114
This thriving South Sarasota restaurant is offered for sale at $379,900. Boasting 3,500 square feet of space, this established business generates over $850,000 in gross annual revenue. The lease extends until December 30, 2029, with a monthly rent of $10,241. The restaurant features a stunning, recently renovated build-out completed within the last five years, including a private speakeasy. The fully equipped kitchen includes a 30-foot stainless steel hood, walk-in cooler, double stack ovens, charbroiler, range, fryers, freezers, prep coolers, deli slicer, microwave, steam table, ice machine, ice tea brewer, cappuccino machine, and a Pepsi dispenser. Additional equipment includes a multi-camera security system and multi-station POS system. The restaurant also boasts ample smallwares for both the kitchen and dining areas. Indoor seating accommodates over 100 guests. Seller financing is available. This turnkey operation is ready for immediate ownership, offering a unique opportunity in a high-net-worth area of Sarasota, conveniently located off US-41. The current owner is selling due to other business commitments. The sale includes a substantial high-end liquor inventory and two weeks of training. This is a rare chance to acquire a profitable, well-established restaurant in a prime location. The business is currently employing 21 staff members.

Highlights

  • $379,900 asking price for this established restaurant business.
  • Leasehold interest in a 3,500 square foot retail space, expiring 12/30/2029.
  • Located in South Sarasota, FL (34238), in a high-net-worth area.
  • Gross annual revenue exceeding $850,000.
  • Seller financing available.
  • Fully equipped, turn-key operation with extensive kitchen equipment and a recently renovated space.

Property Details for 0 Sarasota Revenue Of $850000

Property type
Retail properties, Restaurants
Square Feet
3,500 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.241131
Longitude
-82.4644445
Sarasota Revenue Of $850000, Sarasota, Florida

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0 Sarasota Revenue Of $850000
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