American Restaurant-Catering-1.7 Acres on Tamiami-With Real Estate

Asking Price$6,300,000

Cash Flow

EBITDA$1,400,000

Gross Revenue$6,500,000

Inventory$200,000
Not included in asking price
FF&E$500,000
Included in asking price
Real Estate$5,000,000
Included in asking price
American Restaurant w/Real EstateSave

American Restaurant-Catering-1.7 Acres on Tamiami-With Real Estate


Asking Price$6,300,000

Cash Flow

EBITDA$1,400,000

Gross Revenue$6,500,000

Inventory$200,000
Not included in asking price
FF&E$500,000
Included in asking price
Real Estate$5,000,000
Included in asking price

Seller Financing Available
Business Description
This established American restaurant and catering operation represents a premium investment opportunity combining a successful hospitality business with valuable commercial real estate. Located on the highly trafficked Tamiami Trail in Sarasota, the property features 1.7 acres with 300 feet of frontage, providing exceptional visibility and accessibility.

The facility underwent extensive renovations totaling $1.5 million, resulting in a modern, well-appointed establishment in excellent condition. The property includes comprehensive parking facilities with ample spaces to accommodate high-volume operations.

Financial Performance:
The business demonstrates strong operational performance with annual revenue of $6,500,000 and cash flow of $1,362,000 when owner-operated, indicating robust profit margins and efficient management systems.

Operational Assets:
• High-end restaurant with established customer base
• Full-service catering division providing revenue diversification
• Strategic location on major commercial corridor
• Substantial real estate component offering long-term appreciation potential
• Turn-key operation with proven systems and infrastructure

Investment Highlights:
This opportunity appeals to experienced restaurateurs seeking both operational control and real estate ownership. The dual-revenue streams from restaurant and catering services provide operational stability, while the prime commercial real estate offers significant value appreciation potential. The property's size and location also present redevelopment possibilities for investors considering alternative uses.

The current ownership expresses flexibility in structuring mutually beneficial transaction terms, accommodating various buyer profiles and investment strategies. This combination of established operations, premium real estate, and flexible deal structure creates an exceptional opportunity in the competitive restaurant marketplace.
About the Business
Facilities & Assets
This property is well situated on Tamiami Trail with 300 feet of frontage.
Huge parking lot with plenty of spaces.
The building has $1.5 million in renovations and is in excellent condition.
The current property owner runs a high-end restaurant and catering business on the premises.
Could be a perfect spot for redevelopment.
This is an excellent opportunity for a restauranteur who would like to also own the real estate.
The current owner is open to discussing options that present a win-win for both buyer and seller.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
9,400
About the Sale
Seller Motivation
Owns multiple businesses, but very flexible
Transition Support
Seller is happy to stay involved. Could be sale-leaseback, Could be full outright purchase. Could continue operating as restaurant and catering. Very flexible, even for redevelopment.
Financing Options
Seller Financing Available - SBA Lender Ready To Go
Listing Info
ID
2539193
Listing Views
Attached DocumentsAttachment Disclaimer

MattisonsFortyOneRestaurantPropertyForSale-Details.pdf


Listing ID: 2539193 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.