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Established Profitable Greek-Italian Restaurant for Sale in Sarasota
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Key Highlights:
- Proven Concept: 21 years under the same brand with low food costs and time-tested recipes.
- High Profitability: Strong cash flow, with Seller’s Discretionary Earnings (SDE) well above industry average for independent restaurants.
- Very Limited Competition: No direct competitors within a 3-mile radius.
- Balanced Customer Base: 50% residential / 50% business—no slow season!
- In-House Delivery Service: No reliance on third-party apps or fees.
- Consistency of food an quality of service: Recipe books, digital checklists for all daily routines.
- Massive Customer Database: 18,000+ loyal customers, with high repeat business and many cash transactions.
- Low Overhead: Favorable lease terms and a recently renovated building (2023 remodel).
- Turnkey Operation: Fully documented recipes, checklists, and operational procedures. Skilled team in place, including long-term manager and assistant managers.
- Multiple revenue streams
- Hurricane season ready - backup generator for walk-in cooler and freezer in place, so you never loose a products due to power outage
- Built-In Growth Opportunity: Closed on Sundays—open one extra day and instantly increase revenue by 15%!
Flexible Ownership:
• Run semi-absentee or hands-on—your choice.
• Seller Financing Available – Only $200K down!
Ideal for E-2 or L-1 Visa Applicants!
- Perfect for Relocation: Live and work in one of the most desirable places in Florida—sun, sand, and solid returns.
Additional Notes:
This is a VERY confidential sale. The name and exact location will only be disclosed after:
• NDA is signed
• Proof of funds is submitted
• Initial Zoom or in-person meeting with the seller is scheduled
SDE is based on current owner working only 22 hours/week. Owner-operator can earn significantly more.
No chef required—menu features sandwiches, salads, soups, Greek-Italian favorites, plus a popular beer & wine selection. Efficient operations and strong customer satisfaction have resulted in decades of stable sales and community loyalty.
The restaurant has been a local staple for over 21 years, with the current owner running it successfully for over 5 years.
- Serious inquiries only! Don’t miss out on this profitable, fully operational restaurant with growth potential and loyal clientele.
- Note: The seller is a licensed real estate agent in the state of Florida.
- Proven Concept: 21 years under the same brand with low food costs and time-tested recipes.
- High Profitability: Strong cash flow, with Seller’s Discretionary Earnings (SDE) well above industry average for independent restaurants.
- Very Limited Competition: No direct competitors within a 3-mile radius.
- Balanced Customer Base: 50% residential / 50% business—no slow season!
- In-House Delivery Service: No reliance on third-party apps or fees.
- Consistency of food an quality of service: Recipe books, digital checklists for all daily routines.
- Massive Customer Database: 18,000+ loyal customers, with high repeat business and many cash transactions.
- Low Overhead: Favorable lease terms and a recently renovated building (2023 remodel).
- Turnkey Operation: Fully documented recipes, checklists, and operational procedures. Skilled team in place, including long-term manager and assistant managers.
- Multiple revenue streams
- Hurricane season ready - backup generator for walk-in cooler and freezer in place, so you never loose a products due to power outage
- Built-In Growth Opportunity: Closed on Sundays—open one extra day and instantly increase revenue by 15%!
Flexible Ownership:
• Run semi-absentee or hands-on—your choice.
• Seller Financing Available – Only $200K down!
Ideal for E-2 or L-1 Visa Applicants!
- Perfect for Relocation: Live and work in one of the most desirable places in Florida—sun, sand, and solid returns.
Additional Notes:
This is a VERY confidential sale. The name and exact location will only be disclosed after:
• NDA is signed
• Proof of funds is submitted
• Initial Zoom or in-person meeting with the seller is scheduled
SDE is based on current owner working only 22 hours/week. Owner-operator can earn significantly more.
No chef required—menu features sandwiches, salads, soups, Greek-Italian favorites, plus a popular beer & wine selection. Efficient operations and strong customer satisfaction have resulted in decades of stable sales and community loyalty.
The restaurant has been a local staple for over 21 years, with the current owner running it successfully for over 5 years.
- Serious inquiries only! Don’t miss out on this profitable, fully operational restaurant with growth potential and loyal clientele.
- Note: The seller is a licensed real estate agent in the state of Florida.
About the Business
- Years in Operation
- 21
- Employees
- 12
- Facilities & Assets
- Fully equipped turnkey restaurant featuring an 8kW Dial-Power generator for backup, a modern POS system, spacious commercial kitchen, walk-in cooler and freezer, upgraded electrical/plumbing, and efficient prep and storage areas. Includes dine-in and takeout setup with own delivery system. Recently renovated in 20243 with clean, modern interior and strong curb appeal. All systems in place for seamless transition and continued success.
- Market Outlook / Competition
- Located in a high-traffic area with no direct competition within a 2-mile radius, this restaurant has become a go-to spot for both residents and local professionals. It’s a well-known name among nearby businesses, with strong lunchtime demand and consistent dine-in and takeout traffic. The unique Greek-Italian menu, long-standing reputation, and strong brand loyalty give it a clear edge over any potential competitors.
- Opportunities for Growth
- Plenty of growth potential for a new owner. Reopening on Sundays could boost revenue by at least 15% with minimal added costs. There’s also an untapped opportunity to add lunch service or expand catering. Additionally, the area lacks strong brunch options—opening for weekend brunch could attract a whole new customer segment. For an ambitious buyer, this is a solid base for multi-unit expansion or franchising.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,882
- Rent
- $4,469.71 per month
- Lease Expiration
- 2/17/2026
About the Sale
- Seller Motivation
- Owner moved out of town
- Transition Support
- Seller offers 2 weeks of hands-on training at no cost, covering daily operations, recipes, vendor management, and POS system. Additional support available if needed to ensure a smooth and confident transition. All training is tailored to help the new owner maintain the restaurant’s ongoing success.
- Financing Options
- Seller financing is available to qualified buyers.
Listing Info
- ID
- 2322266
- Listing Views
- 1293
Listing ID: 2322266 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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