Your WATERFRONT Business Dream Awaits!
Asking Price: | $1,500,000 |
Gross Revenue: | $2,400,000 |
Welcome to St. Pete Beach – home to the Guinness World Record for Most Consecutive Days of Sunshine and a magnet for 15 million annual visitors!
This spectacular waterfront restaurant and bar offers the perfect blend of elegance and opportunity. Situated amidst the area’s busiest hotels and attractions, this is your chance to own a piece of WATERFRONT GOLD!
FEATURES THAT WOW:
* PRIME Water Views: Massive picture windows and an open-air design make every seat the best in the house.
* Expansive Indoor & Outdoor Seating: Room for 215 guests, including a stunning front patio and space to add a back deck overlooking the water.
* Fully Equipped Kitchen: State-of-the-art setup, featuring a 24-ft hood, 2 walk-in coolers, 1 walk-in freezer, prep and dish areas, and a massive cook line.
* Turnkey Setup: Over $1.5 million invested in the buildout – ready to impress your patrons.
* Exclusive SFS 4 COP Liquor License: Full bar, indoor and outdoor service, and everything you need to start pouring profits.
* Ample Parking: A rarity at the beach – your guests will love the convenience!
ADDITIONAL BENEFITS:
* 5,500 SF (MOL) of beautifully designed space with garage doors that let the sunshine in.
* Below-Market Lease: A total of 12 years left for stability and growth.
* Strategic Location: Nestled near year-round hotels and St. Pete’s most popular attractions.
The current owners have set the stage for success with custom enhancements like enormous picture windows for water views and an open, inviting layout. Ready to take it further? Add a back deck to maximize the potential of this stunning property!
Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker (813)833-1007
Michael Adamo is a third generation Restaurateur, having owned and operated some of the most well acclaimed restaurants in their perspective areas for over 31 years. Now as a Business Broker specializing in the Food and Beverage Sector and having proudly completed many of the most notable transactions, his insight and astute knowledge is sought after by some of the Top Restaurant Groups in the Bay Area. Whether if it's your first venture or if you're a multi-unit operator Black Book Advisers is here to share their knowledge and insight of the marketplace and see you successfully through your choice of Transaction, Buying or Selling.
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, we will call you to discuss the business opportunity in greater detail before releasing confidential financial information.
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
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