Restaurant with Best Location, Heavy Foot Traffic, High Volume

Undisclosed Address, Sarasota, FL
Business Opportunity for Sale
Catylist Listing ID: 30700373
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: See Agent
In Opportunity Zone? Yes
Gross Revenue: $0 (Annual)
Cash Flow: $223,000 (Annual)
Cash Flow Type: EBITDA
Last Updated: 10/13/2021

Overview / Comments

This is a Serious Restaurant Operation! NOT MOM AND POP BUSINESS. Owner is ill! Must be SOLD NOW! No Reasonable Offer Refused! Exceptional highly regarded Award Winning Casual Fine Dining Restaurant, enjoyed by who are fortunate enough to have experienced meals at this Sarasota Institution. About 240 seats, both indoor and outdoor dining with a huge tourist and local trade year round. Incredible wine list, full liquor with two liquor licenses, (a CT13 for off premises catering and a 4COP-SR Liquor License that allows for on site sales of liquor as well as your ability to add retail liquor sales. No liquor stores anywhere near this location! Add catering for even more income. All new kitchen, new HVAC systems, long lease. NDA required for more information.

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,403 83,281 168,325
Median Age: 41.53 45.43 47.86
Households: 6,284 37,116 77,217

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