Excellent Restaurant Opportunity Palmer Ranch Area

Undisclosed Address, Sarasota, FL 34233
Business Opportunity for Sale
Catylist Listing ID: 30486957
Property Subtypes: Food and Beverage
Building Size (RSF): 1,400 SF
Sale Price: $100,000
Name of Establishment: Piada Mania
Business Website Address: eat@piadamania.com
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 9/4/2019

Overview / Comments

A Chef's Dream! This is a beautifully maintained turn-key operating restaurant in the affluent Palmer Ranch area of Sarasota. Located in an active Publix anchored center within a 5 mile radius population of 137,000 with average HH income of $95,000+.

Current owners have developed the location as a Northern Italian-style Restaurant and will work with new owners for 30 days to continue operations for a smooth transition, OR easily can be re-purposed to be a breakfast-lunch cafe or other style restaurant.

TOTAL RENT ONLY $2500/month (approx.) for this 1400 square foot restaurant and includes outdoor patio seating. 3 1/2 years on current lease with 5-year extension.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Personal Reasons
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: $2500/month (approx.)total occupancy. 1400 sf, 3-plus years on primary terms with one-five year option
Seller Financing Description: Seller may finance portion


© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.