Property summary
This thriving Sarasota restaurant, built in 2022, is available for sale at $225,000. Located less than a mile from the beach in a high-traffic area (over 33,500 cars daily), this 1,800 square foot end-cap space boasts 60 indoor seats and potential for outdoor patio expansion. The lease, expiring March 7, 2026, includes a favorable rate of $1,900 per month, covering all CAMs and taxes, with a 1-5 year option remaining. The fully equipped kitchen features a 12-foot hood, prep coolers, a 4-foot chef's base, and commercial-grade refrigeration. The dining area includes four flat-screen TVs and a complete security camera system. The business generated net sales of $285,862.68 in 2023, with an owner benefit of $96,476.31. The sale includes all existing equipment
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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