Property profile

0 Restaurant For Sale In The Heart Of Venice Fl Breakfast And Lunch Venice, FL 34285

OFF-MARKET
Retail properties & Spaces
2,000 SF Built 2017
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 2,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Restaurant For Sale In The Heart Of Venice Fl Breakfast And Lunch Venice, FL 34285
Venice metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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