Italian Restaurant For Sale Doing Over $1.2 Million With $186K Earnings Port St. Lucie, FL 34986
- Retail properties
- 2,962 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Italian Restaurant For Sale Doing Over $1.2 Million With $186K Earnings
- Year built
- 2019
- Property size
- 2,962 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Italian restaurant in Port St. Lucie, Florida, presents a remarkable opportunity for a new owner. Boasting over $1.2 million in annual sales and generating over $186,000 in owner benefit, this turnkey operation is housed in a 2,962 square foot space built in 2019. The current lease expires July 31, 2029, with options for two additional five-year terms, providing long-term stability. The restaurant is fully equipped with a comprehensive kitchen featuring a double pizza oven, salamander, over 15 feet of hood space, a bar setup with taps, walk-in cooler, fryers, grill station, multiple burners, ample smallwares, and refrigerated sandwich tables. With seating for over 100 patrons, including outdoor seating, the restaurant enjoys a well-established reputation and loyal customer base. The current owner is selling to focus on other ventures and is willing to provide some financing to a qualified buyer. The restaurant employs 20 staff members and currently pays a monthly lease rate of $10,000. This is a rare chance to acquire a profitable, well-regarded restaurant with significant growth potential. The menu features a wide array of Italian favorites, from pizza and pasta to chicken dishes and delectable desserts. A hands-on owner could further enhance profitability. This is a truly exceptional opportunity in a prime location.
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Location Insight
- Map
- Local Demand
- City
- Port St. Lucie
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.4215
- Latitude
- 27.3258