Culinary Elite: Upscale Restaurant for Sale with Exceptional Reviews

Palm Harbor, FL
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Asking Price:$615,000
Gross Revenue:$895,927
Established Year:2004
Cash Flow:$245,927
Rent:$5,471/Month
BUSINESS DESCRIPTION

Don't miss this Turnkey Opportunity! An Upscale Fine Dining Restaurant for Sale with a Stellar Reputation for Sale! 4 COP Liquor License is also available upon request for an additional price. This fine dining Restaurant with a bar for sale offers an incredible opportunity for a new owner to step into a thriving and profitable business. With annual sales of {Sales}, this well-established location provides a solid foundation for continued success. The current owner benefits to the tune of $245,000 annually, making this an excellent investment for a hands-on operator or a seasoned restaurant owner looking to expand their portfolio.
This Upscale Restaurant for Sale boasts a prime location, which is a key factor in its success. Surrounded by both residential and business communities, there's a consistent stream of regular customers as well as new faces drawn to the area. An attractive lease with a monthly rent of {Monthly Rent}, is a great opportunity to take advantage of compared to starting from scratch. Additionally, the favorable lease terms help reduce the risk and ensure long-term stability for the new owner.
At We Sell Restaurants, we understand that financing is a crucial step in securing a new business. That's why financing is available for this Upscale Restaurant for Sale, allowing qualified buyers to step in with minimal upfront costs. We can help you navigate the loan process and connect you with trusted lenders who are ready to support your goals. Whether you're a first-time buyer or an experienced operator, this listing offers all the elements you need to succeed.
Located in Palm Harbor This Upscale Restaurant for Sale is truly turn-key operation that comes with a fullly equipped kitchen with well maintained equiptment that is ready to go on day one. Hit the ground running, and keep enjoying these {Owner Benefits} of owner earnings, when you take on this profitable location. Fully staffed with employees that keep the customer happy and the {Sales} rolling in! A full Quota Package 4 COP license is available or this resturant. Don't want by the full 4 COP no worries this concept can be qualified to serve liquor under an SRX (Special Restaurant Liquor License)
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DETAILED INFORMATION
Location
Palm Harbor, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,300
Lease Expiration
01/10/2027
Employees
9
Facilities
1 10 Foot Hood 1 Undercounted Grease Trap 1 double basket 70 LBs Fryer 1 6 Burner Stove 1 2 Burner Stove 1 Flat Top Grill 2 3 Compartment Sinks 2 Hand Washing Sinks 1 Salamander 1 Blender / Food Processor Various Smallwares Pots, Pans, Ladles, Cookware 1 Soup Warmer / Well Several Misc Food Shelving 2 Prep tables 1 Weight Scale 1 Pasta Cooker 1 Large emersion Blender Various Wine Display Racks 1 Deli Meat Slicer 1 Madeline Slicer 3 Large Standup Wine Chillers 1 Small Wine Cooler 2 3 Door Counter Height Refrigerator 2 Double door standup refrigerator 1 Salad Prep Cooler 1 Ice Machine 1 double 4 drawer Chef Base 1 2 Door Freezer standup 10 Bar Stools 20 Tables 10 Outside Tables 80 Chairs inside 20 Chairs Outside 4 Stack step up liquor display for bar Flatware for 150 Serviceware for 150 1 Ice Well at bar Sound System various bar and glassware service for 100 1 POS Soft Touch System 1 Security system with cameras 1 Printer/ Copier machine 4 water fountains and various decor 1 Flat Screen TV 2 High Chairs 2 Booster Seats 1 Electrical Sign Various Trash Recepticals 1 Utility Cart
Competition
Restaurant is located in a high density area near the Florida coast. Area has several restaurants but not many fine dining.
Growth & Expansion
There are consistently new people moving into the area. Plenty of opportunity for growth to add more customers through additional advertising.
Support & Training
2 Weeks
Reason for Selling
Retirement
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Richard
Adamy
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Richard Adamy