9409 Hwy Port Richey, FL 34668
This exceptional turnkey restaurant opportunity in Port Richey, Florida, presents a rare chance to acquire a thriving business and highly desirable lease. Located at 9409 US Hwy 19 North within the Gulfview Mall, this 10,000 square foot establishment boasts a superior layout, including a spacious interior with multiple dining sections, a semi-private bar area, a full-service bakery, and a separate banquet room. The expansive kitchen, exceeding 3,000 square feet, is equipped with state-of-the-art appliances and ample prep areas. A significant feature is the included 2,000 square foot covered patio with a full wet bar. The property sits on a 2-acre lot providing abundant parking. High visibility is ensured by prominent signage, including a large pylon sign on US Hwy 19, and additional signage within the mall. The existing lease is assumable at an exceptionally low monthly rate of $6,000, inclusive of sales tax, nets, and trash compactor. This represents a significant discount compared to market rates. All fixtures, equipment, kitchenware, and even the valuable full-liquor license are included in the sale. The loyal staff, many with years of tenure, contributes to the restaurant's consistent success. This prime location on a major highway offers easy access to surrounding communities and proximity to the waterfront. The business benefits from an upscale atmosphere and affordable prices, fostering a large repeat customer base. This is a truly remarkable opportunity in the booming Pasco County market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.