This turn key restaurant is available on the busy Tamiami Trail in Sarasota County boasting 2500 square feet with all equipment necessary to open. The seller decided he did not want to be in the restaurant business any longer. The location could probably qualify for an SRX license to serve alcohol. Bring your own concept or open as an Italian Restaurant. The location is currently doing catering only. Please refer to listing and advisor Joseph Nicolini when inquiring.
- Asking Price:
- $160,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Not applicable
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 5350 Square Footage: 2500 Building Type: Strip Center
Terms & Options: 2 - 5 year options Expiration Date: 9/30/2025
- Size in square feet:
- 2,500
Business Operation
- Reasons for selling:
-
Leaving the restaurant business
- Trading hours:
-
TBD
- Years established:
- 1
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Terms $70,000.00
Owner Financing Interest 7.5%
Owner Financing Terms Months 36
Owner Financing Monthly Payment $2,177.44
- Furniture / Fixtures value:
- $240,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price