FL Restaurant For Sale With Real Est Sarasota Siesta Ky Siesta Key, FL 34242

Property Details for FL Restaurant For Sale With Real Est Sarasota Siesta Ky

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional opportunity presents a thriving restaurant for sale, complete with the underlying real estate, located in the highly desirable Siesta Key, Florida area. Priced at $1,399,999, this turnkey business boasts a proven track record, generating over $1.3 million in gross revenue and $151,491 in cash flow. The restaurant features approximately 30 seats of indoor dining and is equipped with a comprehensive commercial kitchen, including a hood system, two four-burner stoves with ovens, two fryers, a soup well, heat lamps, multiple refrigerators and freezers, prep tables, a meat slicer, display cases, a lobster tank, and an ice machine. Additional equipment includes a security system with cameras, and ample small wares. The seller will provide two weeks of training to ensure a smooth transition for the new owner. This established restaurant benefits from a loyal customer base and a strong reputation built over ten years of operation, eliminating the need to start from scratch. The current concept can be maintained or easily adapted to suit a new owner's vision. Seller financing is available. The property is owner-occupied, eliminating lease negotiations and rent increases. The prime location in Siesta Key, known for its stunning beaches and vibrant atmosphere, ensures high visibility and consistent foot traffic. This is a rare opportunity to acquire a profitable, established restaurant with the real estate in a coveted location. The absence of nearby competition further enhances the value and potential for growth, particularly in catering services. The sale includes all existing equipment and decor, but inventory is not included in the asking price.

Location Insight

City

Siesta Key

County

Sarasota

State

Florida

Longitude

-82.5463

Latitude

27.267