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Landmark Steakhouse On The Treasure Coast In Martin County For Sale

Martin County, FL, Florida, US
Asking Price:
$150,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$725,326
Cash Flow:
$71,861

A rare opportunity is available to purchase one of the Treasure Coast’s most iconic dining establishments. For nearly 30 years, this renowned steakhouse has been the premier destination for exceptional steak dinners, drawing loyal patrons from across the region.

Founded and operated by a seasoned restaurateur trained at one of New York’s top steakhouses, the concept was expertly brought to Florida’s Treasure Coast, delivering an elevated dining experience in a warm, inviting setting. The restaurant seats approximately 80–85 guests indoors, with additional outdoor seating for up to 30 patrons (weather permitting).

This is a fully turnkey operation, offering a seamless transition for new ownership — or an excellent opportunity to introduce your own concept in a well-established location.

  • Real Estate available for purchase at $1,289,000, or a new lease may be negotiated (proof of funds required).
  • The seller, now in his 80s, is ready to retire and will remain for up to two weeks post-sale to provide hands-on training, share proprietary recipes, and assist with operational details.
  • Includes $30,000 in inventory, including a curated selection of high-end wines and premium goods.
  • A whole-building generator, recently serviced, ensures uninterrupted operations even during severe weather events.

Cash-only transactions. Seller financing is not available. All reasonable offers will be considered.

This is an outstanding opportunity to acquire a legacy business with a stellar reputation, established clientele, and a strong foundation for continued success.

Property Information

Real Estate:

Lease

Lease Terms:

3,300 sq ft at $3,300/mo. Expires 05/31/2026

Real estate is available for purchase at $1,289,000, or a new lease may be negotiated (proof of funds required).

Premises Details:

Fully turnkey operation. Restaurant seats approximately 80-85 guests indoors with additional outdoor seating for up to 30 patrons (weather permitting). Includes $30,000 in inventory, including a curated selection of high-end wines and premium goods, and a whole-building generator (recently serviced), ensures uninterrupted operations even during severe weather events.

Real estate is available for purchase at $1,289,000, or a new lease may be negotiated (proof of funds required).

Size in square feet:
3,300

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The restaurant offers a seamless transition for new ownership or an excellent opportunity to introduce your own concept in a well established location.

Competition / Market:

One of the Treasure Coast's most iconic dining establishments. A premier destination that draws loyal patrons from across the region.

Reasons for selling:

Retirement

Trading hours:

Tuesday - Saturday; 5 pm - Close

Employees:
6
Years established:
27

Other Information

Support & training:

The seller will remain for up to two weeks post-sale to provide hands-on training, share proprietary recipes, and assist with operational details.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price