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    Mexican Restaurant For Sale Sarasota Fl Or Bring Your Own Concept Sarasota, FL 34236
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    Mexican Restaurant For Sale Sarasota Fl Or Bring Your Own Concept, Sarasota, FL 34236

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    • Retail properties & Spaces
    • 2,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Mexican Restaurant For Sale Sarasota Fl Or Bring Your Own Concept

    Year built
    2015
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This 2,000 square-foot restaurant in Sarasota, Florida, is available for $150,000. Built in 2015, it boasts a prime corner location at a stoplight, ensuring high visibility and foot traffic. The lease runs until June 29, 2028, with a monthly rate of $4,276. The restaurant features a large kitchen with extensive equipment, including a 12-foot hood system, four-burner stove with oven, flat top, fryer, multiple refrigerators and freezers, a dishwasher, and ample prep space. Indoor seating accommodates 50 guests. The current setup is a Mexican restaurant, generating $276,174 in gross revenue and $12,612 in cash flow last year. However, the space is easily adaptable to any concept, offering a unique opportunity for a new owner to implement their own vision without the expense of a build-out. The sale includes all existing equipment, furniture, and fixtures. The seller will provide fourteen days of training at no additional cost. Six employees currently work at the establishment. Inventory is not included in the asking price, and seller financing is not available. This is a fantastic opportunity to acquire a well-established restaurant in a thriving Sarasota location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5456
    Latitude
    27.3331
    More about this property
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