Culinary Elite Upscale Restaurant For Sale With Exceptional Reviews Palm Harbor, FL 34684
- Retail properties
- 2,300 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Culinary Elite Upscale Restaurant For Sale With Exceptional Reviews
- Year built
- 2004
- Property size
- 2,300 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This turnkey, upscale restaurant in Palm Harbor, FL, presents a remarkable investment opportunity. Boasting 2,300 square feet of space in a prime location, this 2004-built establishment has generated impressive net sales of $895,927.30, yielding an owner benefit of $245,927.21. The restaurant features a fully equipped kitchen with extensive equipment including a 10-foot hood, grease trap, fryers, stoves, grills, multiple sinks, refrigeration units (including walk-ins), a POS system, security cameras, and ample seating for 85-150 patrons (indoor and outdoor). The current lease, expiring September 30, 2027, has a monthly rent of $5,471.27. The business operates Tuesday through Saturday, 5:30 PM to 9:00 PM, and is currently staffed with nine employees (four full-time, five part-time). A 4 COP liquor license is available separately. The seller is retiring, presenting a unique chance to acquire a well-established, profitable restaurant with a strong reputation and significant growth potential in a thriving area with consistent new residents. The restaurant's high-quality equipment and established customer base provide a solid foundation for continued success. This is a truly exceptional opportunity for a seasoned restaurateur or a first-time buyer seeking a profitable, established business.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Harbor
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7239
- Latitude
- 28.0716
