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    Retail properties & Spaces

    Myers Brings $300 000 - Semi-Absentee American Restaurant In Ft, Fort Myers, FL 33912

    1,550 SF Built 2017
    Property ID
    Property summary
    AI-generated overview

    This established American restaurant in Fort Myers, Florida, presents a lucrative investment opportunity. Boasting 1,550 square feet of space in a high-traffic location, this business generated $1.1 million in net sales in 2023, resulting in owner earnings of $300,000. The restaurant, built in 2017, features contemporary design and offers breakfast, lunch, and dinner service. Seating for 37 guests is accommodated with tables, chairs, and bar stools, complemented by a full complement of kitchen equipment including a hood system, reach-in freezer, various refrigerators, ovens, a griddle, and a POS terminal. The lease, expiring February 21, 2026, includes CAMs, taxes, and insurance for a monthly rent of $4,800. The sale includes two weeks of owner training and transition support. This semi-absentee-owned operation is fully staffed and benefits from a strong online presence and positive customer reviews. The current owners are relocating, presenting a turnkey opportunity for a new owner to step into a successful, established business. The restaurant's menu is in place, and the current business model is easily approachable and manageable. The location is considered one of the highest traffic thoroughfares in Fort Myers. Potential for growth exists through expanding third-party delivery or catering services.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2017
    Total area 1,550 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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