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OFF-MARKET
Retail properties & Spaces

0 Culinary Elite Upscale Restaurant For Sale With Exceptional Reviews Palm Harbor, FL 34684

2,300 SF Built 2004
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2004
Total area 2,300 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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