$3M+ Revenue Restaurant-Bar | Downtown St. Pete’s Hottest Dining
Business Description
Located in the heart of Downtown St. Petersburg, this 6,000 SF restaurant and bar offers a rare opportunity to acquire a well-established, cash-flowing operation in one of Florida’s most vibrant dining and nightlife districts.
Generating over $3 million in annual revenue with $430,000 in cash flow, this business combines strong financial performance with a standout location that benefits from constant pedestrian traffic and year-round activity.
The space features a modern open-concept design, anchored by a striking central bar and complemented by flexible indoor and outdoor seating. It’s built to handle both high-volume service and intimate dining experiences, making it ideal for a variety of concepts — from elevated dining to a lively social atmosphere.
With two kitchens (main and prep), the operation is set up for efficiency, catering, and event service. The business is fully staffed, with trained management and systems in place, allowing for a smooth transition to new ownership.
Location Highlights
* Prime Downtown St. Petersburg location surrounded by top restaurants, bars, and entertainment venues
* High foot traffic and excellent visibility
* Walking distance to Beach Drive, The Pier, and Jannus Live
* Strong local following and consistent tourist draw
Investment Highlights
* $3M+ in gross revenue and $430K cash flow
* Turnkey operation with management and staff in place
* Two kitchens for efficient, scalable service
* Flexible indoor/outdoor layout ideal for dining and events
* Attractive lease in one of the city’s most sought-after districts
* Upside potential through expanded hours, events, or private functions
Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker
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.
Generating over $3 million in annual revenue with $430,000 in cash flow, this business combines strong financial performance with a standout location that benefits from constant pedestrian traffic and year-round activity.
The space features a modern open-concept design, anchored by a striking central bar and complemented by flexible indoor and outdoor seating. It’s built to handle both high-volume service and intimate dining experiences, making it ideal for a variety of concepts — from elevated dining to a lively social atmosphere.
With two kitchens (main and prep), the operation is set up for efficiency, catering, and event service. The business is fully staffed, with trained management and systems in place, allowing for a smooth transition to new ownership.
Location Highlights
* Prime Downtown St. Petersburg location surrounded by top restaurants, bars, and entertainment venues
* High foot traffic and excellent visibility
* Walking distance to Beach Drive, The Pier, and Jannus Live
* Strong local following and consistent tourist draw
Investment Highlights
* $3M+ in gross revenue and $430K cash flow
* Turnkey operation with management and staff in place
* Two kitchens for efficient, scalable service
* Flexible indoor/outdoor layout ideal for dining and events
* Attractive lease in one of the city’s most sought-after districts
* Upside potential through expanded hours, events, or private functions
Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker
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.
About the Business
- Years in Operation
- 3
- Market Outlook / Competition
- The venue is positioned in a prime downtown area surrounded by popular entertainment destinations and retail spaces.
- Opportunities for Growth
- The design allows operators to offer unique programming, such as lunch and dinner service, weekend brunch, private parties, and late-night entertainment, maximizing revenue opportunities throughout the day and into the night.
About the Sale
- Seller Motivation
- Owner wants to pursue other opportunities.
Listing Info
- ID
- 2432624
- Listing Views
Listing ID: 2432624 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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