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    Sarasota Revenue Of $850000 Sarasota, FL 34238
    Property profile & analytics

    Sarasota Revenue Of $850000, Sarasota, FL 34238

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    • Retail properties & Spaces
    • 3,500 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Sarasota Revenue Of $850000

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This thriving South Sarasota restaurant is offered for sale at $379,900. Boasting 3,500 square feet of space, this established business generates over $850,000 in gross annual revenue. The lease extends until December 30, 2029, with a monthly rent of $10,241. The restaurant features a stunning, recently renovated build-out completed within the last five years, including a private speakeasy. The fully equipped kitchen includes a 30-foot stainless steel hood, walk-in cooler, double stack ovens, charbroiler, range, fryers, freezers, prep coolers, deli slicer, microwave, steam table, ice machine, ice tea brewer, cappuccino machine, and a Pepsi dispenser. Additional equipment includes a multi-camera security system and multi-station POS system. The restaurant also boasts ample smallwares for both the kitchen and dining areas. Indoor seating accommodates over 100 guests. Seller financing is available. This turnkey operation is ready for immediate ownership, offering a unique opportunity in a high-net-worth area of Sarasota, conveniently located off US-41. The current owner is selling due to other business commitments. The sale includes a substantial high-end liquor inventory and two weeks of training. This is a rare chance to acquire a profitable, well-established restaurant in a prime location. The business is currently employing 21 staff members.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4644
    Latitude
    27.2411
    More about this property
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