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Established Restaurant with Beer and Wine License
For Sale
$489,000

116-11400 Overseas Hwy, Marathon, FL 33050

Operating restaurant business with furnishings, equipment, inventory, recipes, and an existing beer and wine license.

Property SizeContact for details
Days on Market22

Property Features for 116-11400 Overseas Hwy

General Information

Standard status Active
Property subtype Business Opportunity

Restaurant

Seating Capacity 57
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: Coldwell Banker Schmitt Real Estate Co.
Listed By: Joshua James Mothner · License #659317
Source: Exprealty
Added: Jul 26 Changed: Aug 16 Last Checked: Aug 16 at 5:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmitt Real Estate Co.

Investment Insights

Based on property information with market context.

Frank’s Grill is an operating restaurant business at 116-11400 Overseas Hwy in Marathon, Florida. The sale includes furniture, fixtures, equipment, current inventory, and proprietary recipes and other business assets. The dining operation accommodates 47 guests indoors and 10 outdoors, for 57 seats overall. A 2COP Beer & Wine license is currently in place.

The restaurant occupies space within Towne Square Mall, a shopping plaza that also includes a U.S. Post Office. Frank’s Grill has operated at this location since 2006. A new 5-year lease was signed May 1, 2026, with a tenant option to renew after year 3, subject to assignment approval. The offering combines an established restaurant operation with its existing equipment, inventory, operating assets, and lease structure.

Key Highlights

  • Operating at the current location since 2006
  • 47 inside / 10 outside (57 total) seating capacity
  • 2COP Beer & Wine license currently in place

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Electrical Service Hair Salon Building Supply Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33050, FL

10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant business with furnishings, equipment, inventory, recipes, and an existing beer and wine license.
Where is this conventional restaurant located?
The property is located at 116-11400 Overseas Hwy Marathon, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Operating at the current location since 2006; 47 inside / 10 outside (57 total) seating capacity; 2COP Beer & Wine license currently in place
More about this property
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