NOT DISCLOSED, Florida
| Asking Price |
$1,000,000 |
Year Established |
2023 |
|
| Annual Revenue |
$1,159,008 |
Reason for Selling |
Other Interests |
|
| Annual P/L |
$0 |
Attention |
Carl Quaney |
|
| Annual Cash Flow |
$111,998 |
Listing Number |
1015690 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Rare Opportunity to Acquire a Turnkey Italian Restaurant & Bar with Full Liquor in Affluent Ponte Vedra Beach, FL!
Positioned in the heart of one of Florida’s most prestigious coastal communities, this high-volume, 3,070 sq. ft. restaurant occupies a prime endcap/inline position within the Palm Valley. The location boasts outstanding daily visibility, heavy traffic counts (17,500–41,000+ VPD), and sits just minutes from TPC Sawgrass, PGA TOUR Global Headquarters, and luxury resort developments.
Key Highlight Features:
• Full Liquor Capabilities: Operates with Full Liquor (4COP-SFS Special Restaurant License status) tied directly to the 3,070 sq. ft. footprint, allowing an incoming operator to seamlessly offer full spirits, craft cocktails, beer, and wine.
• Turnkey Infrastructure: Includes over $246,000 in physical equipment, furniture, and leasehold buildouts, featuring commercial brick pizza ovens, refrigeration, fryers, stoves, POS systems, and custom interior decor.
• Dual Operational Footprint: Uniquely designed with two distinct service zones under one roof—a dedicated quick-service counter for takeaway pizza, subs, and rapid order fulfillment, paired with a full-service dining room and sports bar.
• Protected Market Share: The master lease includes a rare Exclusive Use Clause prohibiting any other Italian restaurant or pizzeria concept within the shopping center.
• Substantial Top-Line Sales: Proven gross revenue track record generating $1.15M to $1.33M+ annually.
• Favorable Seller Financing: To assist a buyer with acquisition, the seller is offering $500,000 in Seller Financing (50% down) to qualified buyers.
This is a ideal acquisition for an experienced chef-operator, regional restaurant group expanding into St. Johns County, or an investor seeking a turnkey, fully equipped restaurant footprint in an elite submarket without enduring 12–18 months of zoning, permitting, and buildout costs.
Please refer to listing #7101692990 and ask for Carl Quaney when inquiring.
Property Features and Assets:
<p>Business Location: Leased</p><p>Type of Location: Strip Center</p><p>Facilities: Fully equipped, turnkey 3,070 sq. ft. full-service restaurant and bar. Includes a 50+ seat dining room, casual quick-service pizza counter, fully equipped commercial kitchen (brick pizza ovens, commercial refrigeration, stoves, fryers, dishwashing stations), Toast POS system, custom decor/signage, and landlord-licensed outdoor patio seating.</p><p>Monthly Rent: $7,420</p><p>Square Units: 3,070 sq ft</p><p>Lease Expiration Date: October 31, 2028</p><p>Terms Options: Two (2) Five-Year Renewal Options (Extending operational control through 2038)<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity