Hot Listing
St Pete Beach Hotel Row, Restaurant, Bar, Beach, Corner Xtra Lot
Business Description
Established restaurant and bar opportunity in prime St. Peter Beach location, just half a block from one of the area's most popular beaches. This 161-seat establishment features indoor and outdoor dining with full bar service, positioned on a highly visible corner lot on Gulf Boulevard with exceptional traffic flow.
BUSINESS OVERVIEW:
- Annual Revenue: $900,000
- Established: 2023 with growing breakfast service
- 7 employees, currently absentee-owned
- 3AM full liquor license providing extended operating flexibility
- 2,400 sq ft under roof with 2 patios
LOCATION ADVANTAGES:
- Corner location on Gulf Boulevard with high visibility
- Surrounded by hotels in expanding hospitality corridor
- Walking distance to popular St. Pete Beach
- Extra lot included in lease for potential expansion
- Exceptional tourist and local traffic patterns
FINANCIAL HIGHLIGHTS:
- Gross lease at $5,500/month (significantly below market rates)
- Lease secured until July 2033
- FF&E valued at $250,000
- Inventory ($50,000) included in asking price
GROWTH POTENTIAL:
- Area recovering and expanding post-storm with major hotel investments
- Breakfast service showing rapid growth
- Additional lot provides expansion opportunity at no extra cost
- Prime positioning for hospitality sector recovery
- Rents expected to increase significantly, making current lease highly valuable
This turnkey operation offers an exceptional opportunity for an experienced restaurant operator to capitalize on a prime beachfront location with favorable lease terms and significant growth potential as the area continues its expansion and recovery.
Seller financing available. Owner selling due to rapid growth requiring professional management expertise.
BUSINESS OVERVIEW:
- Annual Revenue: $900,000
- Established: 2023 with growing breakfast service
- 7 employees, currently absentee-owned
- 3AM full liquor license providing extended operating flexibility
- 2,400 sq ft under roof with 2 patios
LOCATION ADVANTAGES:
- Corner location on Gulf Boulevard with high visibility
- Surrounded by hotels in expanding hospitality corridor
- Walking distance to popular St. Pete Beach
- Extra lot included in lease for potential expansion
- Exceptional tourist and local traffic patterns
FINANCIAL HIGHLIGHTS:
- Gross lease at $5,500/month (significantly below market rates)
- Lease secured until July 2033
- FF&E valued at $250,000
- Inventory ($50,000) included in asking price
GROWTH POTENTIAL:
- Area recovering and expanding post-storm with major hotel investments
- Breakfast service showing rapid growth
- Additional lot provides expansion opportunity at no extra cost
- Prime positioning for hospitality sector recovery
- Rents expected to increase significantly, making current lease highly valuable
This turnkey operation offers an exceptional opportunity for an experienced restaurant operator to capitalize on a prime beachfront location with favorable lease terms and significant growth potential as the area continues its expansion and recovery.
Seller financing available. Owner selling due to rapid growth requiring professional management expertise.
About the Business
- Years in Operation
- 2
- Employees
- 7
- Facilities & Assets
- Seller remodeled a real estate office into a beautiful restaurant with a 4 COP, full liquor, 3 am license. Over 350,000 invested in remodeling.
HOTEL ROW,
VERY BUSY STREET ONE BLOCK TO BEACH PARKING
All assets and inventory are included.
Extra lot for expansion is included
Expand for a Tiki bar
No Real Estate taxes in the lease
No yearly increases
Lease to be super low comparable to surrounding area
Music Venue - Website
- https://branzini.net/
- Market Outlook / Competition
- The tourists and locals were hit during the last storm but, they are coming back and expansion is on it's way.
COME IN BEFORE THE RENTS GO THROUGH THE ROOF
Corner location - Opportunities for Growth
- There is an extra lot next to the facility for expansion which is essentially free and included in the lease. 2400 SQ FT UNDER ROOF, 2 PATIOS, 1 EXTRA LOT
The whole area is expanding as a result of previous storm and rents will be going upwards
Hotels are expanding by hundreds of millions of dollars
For a visionary, NOW IS THE TIME
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $5,500.00 per month
- Lease Expiration
- 7/1/2033
About the Sale
- Seller Motivation
- I am a amateur and am working too much as the business is getting larger.
- Transition Support
- Breakfast opened and rising fast
GROSS LEASE
NO YEARLY INCREASES
3 AM FULL LIQUOR LICENSE
LEASE 50 PERCENT OR MORE BELOW RATES - Financing Options
- Cash and Paper
Listing Info
- ID
- 2295327
- Listing Views
- 4877
Business Location
Listing ID: 2295327 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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