0 Culinary Elite Upscale Restaurant For Sale With Exceptional Reviews Palm Harbor, FL 34684
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.