0 Restaurant For Sale In The Heart Of Venice Fl Breakfast And Lunch Venice, FL 34285
This thriving, 2,000 square-foot restaurant in the heart of Venice, Florida, presents a unique investment opportunity. Built in 2017, this non-franchise establishment boasts a professionally designed kitchen equipped with top-of-the-line appliances, including a 15-foot hood, grease trap, six-burner cooktop with oven, char broiler, flat tops, ample refrigeration, and all necessary smallwares. The inviting space comfortably seats 98 guests indoors. Currently operating as a breakfast and lunch restaurant, it generates a gross revenue of $280,000, with a cash flow of $0. The asking price is $250,000, and seller financing is available; inventory is not included. The restaurant operates on a monthly lease of $5,000, expiring December 25th. The current owners, who are retiring, will provide fourteen days of training at no additional cost. The location offers significant growth potential; the current limited hours (24 hours per week) and lack of catering/event services present opportunities to expand operations and increase profitability. Seven employees, including five full-time and two part-time staff, currently support the business. The restaurant's prime location and established customer base provide a solid foundation for continued success. This turnkey operation is ready for a new owner to step in and capitalize on its existing strengths or implement their own vision.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.