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- RE: Waterfront Restaurant Bar For Sale Palmetto FL With $264K To Owner
- Contact: Michael And Abby Spizzirri
Quick Facts
| Asking Price: | $4,999,999 | |
| Annual Revenue: | $5,047,992 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $264,639 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 80 | |
| BBN Listing #: | 1020163 | |
| Broker Reference #: | 45949 |
Business Overview:
Buy this dominant Waterfront Restaurant and Bar for Sale in Sarasota County, Florida area with verified sales topping $5,000,000 and an Owner Benefit of $264,639, a combination seldom seen on the market. Offered exclusively by We Sell Restaurants, this rare Gulf Coast opportunity ranks among the most compelling Florida restaurants for sale today, blending scale, curb appeal and operational excellence. Strong books, a commanding location and polished processes set you up for success.Step into approximately 18,000 square feet designed to move high volumes with ease, including seating for 250 inside and 160 on an inviting patio that captures coastal breezes. The Waterfront Restaurant and Bar for Sale operation is fully equipped from kitchen to bar, holds a full liquor license and delivers the look, flow and capacity of a flagship that can host large parties, game days and destination weekends. Ample parking, flexible zones for private events and a waterfront vibe keep tables full day and night while takeout and catering add incremental sales.Own this proven performer supported by a seasoned team of roughly 80 employees and clear systems that keep service on pace during peak periods. Lease runs through 2029 with three five year options and current base rent of about $23,500 per month, a compelling structure for a venue of this scale in a high demand trade area. A high traffic setting draws loyal locals, boaters and destination diners across seasons, with strong visibility, easy access and ample parking that convert passerby into repeat guests at this Waterfront Restaurant and Bar for Sale.Take over the Waterfront Restaurant and Bar for Sale with confidence, then sharpen growth through events, catering, live entertainment, enhanced digital marketing and daypart expansion while the seller provides two full weeks of training (or more if needed) at no additional cost. Buyer prequalification of $750,000 is required for financials, name disclosure and tours, ensuring confidentiality is protected and only serious parties engage. This Waterfront Restaurant and Bar for Sale is a rare chance to control a marquee waterfront asset with meaningful upside, durable brand awareness and a current Owner Benefit that proves the model even before new initiatives. The seller is ready to focus on other ventures, creating a clean handoff for the next owner to build on a powerful foundation, so bring your offer today and position yourself for the next stage of growth.
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Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
hood
fryer
walk ins
flat top
tables chairs
multiple bars
char broiler
pots pans ladles etc
extensive list provided later in process
Market Competition and Expansion:
One Of a Kind Restaurant
Reason for Selling:
Other. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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