Property summary
This established Sarasota restaurant, operating since 2011, presents a unique opportunity for immediate ownership. Priced at $59,999, this turn-key business boasts a strong local reputation and loyal customer base, built over a decade of success. Currently operating Tuesday-Sunday, 4:30 PM - 9 PM, the limited hours offer significant potential for growth through expanded operating days and hours, or the introduction of delivery services. The business generates a gross revenue of $213,562 and a cash flow of $60,180. The sale includes a comprehensive inventory of equipment, including a 15 ft hood, 10 ft hood fryer, char broiler, 5 ft flat top salamander, 4-burner stove, double door convection oven, soup well, microwaves, dishwasher, triple bay sink, heat lamp, scale, food processor, walk-in cooler, walk-in freezer, mixer, smallwares, prep tables, steam table, ice maker, soda machine, chest freezer, tables, chairs, flatware, service ware, store decor, and high chairs. The restaurant has indoor seating for 35 patrons and ample parking. Seller financing is available, and the seller will provide fourteen days of training at no cost. The current lease is month-to-month at $3500, with a new lease provided to the buyer. This is a fantastic opportunity to acquire a profitable, established business with significant upside potential. The seller is retiring, creating this immediate opportunity for a new owner. The restaurant is not a franchise. Inventory is not included in the asking price.
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