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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

000 Owner Benefit Vero Beach, FL 32960

1,200 SF Built 2007
Property ID
Property summary
AI-generated overview

This established Italian restaurant in Vero Beach, Florida, presents a fantastic investment opportunity. Boasting over $820,000 in annual sales and a net owner benefit exceeding $150,000, this turnkey operation is currently open five days a week for dinner only, offering significant potential for growth by expanding hours and adding lunch service. Located in a desirable neighborhood, this 1,200 square-foot restaurant has cultivated a strong local reputation for its delicious pizza, pasta, and other Italian specialties. The current lease runs until March 24, 2027, with a three-year renewal option available at a low monthly rent of $2,500. The sale includes all equipment, a fully functional kitchen featuring a Bakers Pride double-stack pizza oven, two six-burner stoves with convection ovens, a fryer, sandwich units with refrigeration, a grill, ample stainless steel prep tables, a Toast POS system, walk-in cooler, reach-in freezer, and two mixers. The dining area comfortably seats 32 guests. The current owner, retiring after many years in the business, will provide two weeks of training and recipe support to ensure a smooth transition for the new owner. This is a rare chance to acquire a profitable, well-established restaurant with substantial upside potential in a prime Vero Beach location. The sale includes a beer and wine license. Eight employees are currently on staff. This is an asset sale, not a franchise.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2007
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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