One of Sarasota's best priced leases in St Armand's Circle
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Seize a rare opportunity to own a prime Italian restaurant in the heart of St. Armand's Circle, Sarasota's premier dining destination. This turnkey operation delivers immediate cash flow potential with an exceptionally favorable lease at $19,059.12 monthly - a significant competitive advantage in one of Florida's most sought-after restaurant markets.
Your investment unlocks multiple revenue streams and growth opportunities. The established customer base and proven location eliminate the typical startup risks, allowing you to generate income from day one. Whether you continue the successful Italian concept or transform it into your vision, you'll benefit from a fully equipped professional kitchen, authentic Italian pizza oven, complete bar setup, and modern POS system.
This acquisition solves critical business challenges: securing prime real estate in a saturated market, avoiding costly buildout expenses, and bypassing the lengthy permit process. The 4COP liquor license adds substantial value and revenue potential, while established vendor relationships ensure smooth operations from closing.
The comprehensive package maximizes your ROI by including FF&E, recipes, digital assets, and goodwill - everything needed for immediate operations. The favorable lease terms provide long-term stability and protection against rising commercial rents in this high-demand area.
St. Armand's Circle's year-round tourist traffic and affluent local clientele create consistent revenue opportunities. The recent remodel and turnkey condition mean you can focus on profitability rather than capital improvements.
This represents more than a restaurant purchase - it's your gateway to owning a profitable business in one of Florida's most desirable markets, with the flexibility to maintain current operations or implement your culinary vision while leveraging an established foundation for success.
A few personal Items will not convey. The name Napule is part of a parent company. Certain art work, disco ball and music system also will not convey as well.
Your investment unlocks multiple revenue streams and growth opportunities. The established customer base and proven location eliminate the typical startup risks, allowing you to generate income from day one. Whether you continue the successful Italian concept or transform it into your vision, you'll benefit from a fully equipped professional kitchen, authentic Italian pizza oven, complete bar setup, and modern POS system.
This acquisition solves critical business challenges: securing prime real estate in a saturated market, avoiding costly buildout expenses, and bypassing the lengthy permit process. The 4COP liquor license adds substantial value and revenue potential, while established vendor relationships ensure smooth operations from closing.
The comprehensive package maximizes your ROI by including FF&E, recipes, digital assets, and goodwill - everything needed for immediate operations. The favorable lease terms provide long-term stability and protection against rising commercial rents in this high-demand area.
St. Armand's Circle's year-round tourist traffic and affluent local clientele create consistent revenue opportunities. The recent remodel and turnkey condition mean you can focus on profitability rather than capital improvements.
This represents more than a restaurant purchase - it's your gateway to owning a profitable business in one of Florida's most desirable markets, with the flexibility to maintain current operations or implement your culinary vision while leveraging an established foundation for success.
A few personal Items will not convey. The name Napule is part of a parent company. Certain art work, disco ball and music system also will not convey as well.
About the Business
- Years in Operation
- 2
- Employees
- 20 (12 Full-time, 8 Part-time)
Buyer may rehire at buyer’s discretion. Seller shall be solely responsible for a - Facilities & Assets
- Come by to see the restaurant. Please call the realtor for appointment
The owners have the authority to sell this going concern
Restaurant Assets are free of liens. A few items are lease
Business does not have undisclosed litigation
We are in compliance with laws
Asset list, financials and Lease shared following executed of NDNC
We have No outstanding health violations
4cop License (Florida Restaurant License) with bartenders who would like to stay on board - Market Outlook / Competition
- Demand Drivers (Why Restaurants Still Work Here)
A. Tourism + Seasonal Population
Downtown Sarasota continues to benefit from year around tourism and a high spend seasonal population focused on Main Street, Palm Ave, Bayfront, and Blvd of the Presidents. [ according to visitsarasota.com]
Food festivals, arts venues, and walkability remain major foot traffic engines
B. Income & Demographics
High concentration of second homeowners, retirees, investors, and luxury condo residents
Diners increasingly prioritize experience over price, aligning with upscale/full-service concepts
Strong preference for:
Turnkey or lightly convertible spaces
Favorable leases (long term + options)
Alcohol capability (SRX viability)
Valuation Trends
Good operators with transferable licenses still command premiums
Key risk: Buyers walk quickly if lease or license is unclear. - Opportunities for Growth
- Closing Mechanics: Closing date
Bill of Sale
Assignment documents
Keys, codes, passwords delivered at closing
Require POS data wipe or transfer protocol
Inventory counted within 24 hours of closing
Tie escrow release to written joint instructions unless default is clear.
Exhibit A – Asset Inventory
Exhibit B – Lease / LOI / Assignment
Exhibit C – Allocation Schedule
Alcohol License Addendum
Inventory Valuation Addendum
Non-Compete Agreement
This Agreement is contingent upon Buyer receiving written landlord consent to assignment or execution of a new lease on terms acceptable to Buyer. This is one of the most favorable priced leased in the area (about half) Including extensions terms allow for up to 14 years on the Lease.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,000
About the Sale
- Seller Motivation
- personal reasons
- Transition Support
- Non-compete (Longboat Bridge to Ringling Bridge)
Non-solicitation of employees
Confidentiality survival
Inspection window (typically 7 days)
Financial review
Lease review
Equipment inspection
Health records review - Financing Options
- None
Listing Info
- ID
- 2494701
- Listing Views
- 483
Attached DocumentsAttachment Disclaimer
Listing ID: 2494701 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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