0 Sarasota Revenue Of $850000 Sarasota, FL 34238
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.
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
Similar Nearby for Lease
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.