Myers Brings $300 000 - Semi-Absentee American Restaurant In Ft Fort Myers, FL 33912
- Retail properties
- 1,550 SF
Current Use by Public Records
- Retail properties
Property Details for Myers Brings $300 000 - Semi-Absentee American Restaurant In Ft
- Year built
- 2017
- Property size
- 1,550 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8334
- Latitude
- 26.5273