Premier St. Pete Beach Waterfront Restaurant & Bar — Long Lease
Business Description
***CURRENT OWNER IS NOT A RESTAURANTEUR AND THIS BUSINESS WOULD BENEFIT HIGHLY WITH A RESTAURANT OWNER OPERATOR***
SELLER FINANCING AVAILABLE WITH $1,000,000 DOWN OR SELLR WOULD ALSO CONSIDER A PARTNERSHIP BUYOUT FOR $750,000
Exceptional OPPORTUNITIES like this rarely come available on St. Pete Beach. This spectacular WATERFRONT restaurant and bar offers the perfect blend of elegance, location, and upside potential in one of Florida’s most sought-after beach destinations. Surrounded by some of the area’s BUSIESTS hotels, resorts, and tourist attractions, this is truly a chance to own a business waterfront. Open-air design, and breathtaking water views that create an unforgettable dining atmosphere from virtually every seat in the house. The BEAUTIFULLY designed restaurant offers approximately 5,500 square feet with seating for approximately 250 guests, including expansive indoor and outdoor dining areas, a stunning patio, and additional room to add a rear waterfront deck to further maximize the incredible setting and revenue potential.
The facility has been built to impress with over $1.5 million invested into the buildout. The FULLY EQUIPPED commercial kitchen has everything necessary to handle significant volume. The business also includes a highly coveted 4COP SFS LIQUOR LICENSE allowing full liquor sales with both indoor and outdoor bar service. This license alone is a savings of over $500,000. PLENTY of parking, an absolute rarity on the beach, provides added convenience for guests and a major competitive advantage for the operation.
Currently operating as a successful dinner-only concept, the restaurant presents tremendous upside for a new owner by expanding into lunch, brunch, private events, entertainment, catering, or additional waterfront activations. The operation is supported by seasoned staff allowing for a smooth transition. The current owner primarily works as expiditer while the experienced team handles daily operations. With a below-market lease and approximately 12 years remaining, this is a RARE opportunity to secure long-term stability in an irreplaceable waterfront location. Whether you are an experienced restaurateur, hospitality group, or visionary operator looking to elevate an already spectacular venue, this waterfront destination offers the location, infrastructure, 4COP SFS liquor license, and atmosphere to become one of the premier dining and nightlife destinations on the Gulf Coast.
*** INTERESTED PARTIES PLEASE SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT TO RECEIVE THE NON-DISCLOSURE***. MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING INFO
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". We will not release any information unless there is a non-disclosure signed and proof of funds.
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.
SELLER FINANCING AVAILABLE WITH $1,000,000 DOWN OR SELLR WOULD ALSO CONSIDER A PARTNERSHIP BUYOUT FOR $750,000
Exceptional OPPORTUNITIES like this rarely come available on St. Pete Beach. This spectacular WATERFRONT restaurant and bar offers the perfect blend of elegance, location, and upside potential in one of Florida’s most sought-after beach destinations. Surrounded by some of the area’s BUSIESTS hotels, resorts, and tourist attractions, this is truly a chance to own a business waterfront. Open-air design, and breathtaking water views that create an unforgettable dining atmosphere from virtually every seat in the house. The BEAUTIFULLY designed restaurant offers approximately 5,500 square feet with seating for approximately 250 guests, including expansive indoor and outdoor dining areas, a stunning patio, and additional room to add a rear waterfront deck to further maximize the incredible setting and revenue potential.
The facility has been built to impress with over $1.5 million invested into the buildout. The FULLY EQUIPPED commercial kitchen has everything necessary to handle significant volume. The business also includes a highly coveted 4COP SFS LIQUOR LICENSE allowing full liquor sales with both indoor and outdoor bar service. This license alone is a savings of over $500,000. PLENTY of parking, an absolute rarity on the beach, provides added convenience for guests and a major competitive advantage for the operation.
Currently operating as a successful dinner-only concept, the restaurant presents tremendous upside for a new owner by expanding into lunch, brunch, private events, entertainment, catering, or additional waterfront activations. The operation is supported by seasoned staff allowing for a smooth transition. The current owner primarily works as expiditer while the experienced team handles daily operations. With a below-market lease and approximately 12 years remaining, this is a RARE opportunity to secure long-term stability in an irreplaceable waterfront location. Whether you are an experienced restaurateur, hospitality group, or visionary operator looking to elevate an already spectacular venue, this waterfront destination offers the location, infrastructure, 4COP SFS liquor license, and atmosphere to become one of the premier dining and nightlife destinations on the Gulf Coast.
*** INTERESTED PARTIES PLEASE SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT TO RECEIVE THE NON-DISCLOSURE***. MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING INFO
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". We will not release any information unless there is a non-disclosure signed and proof of funds.
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
- Employees
- 23 Full-time
- Facilities & Assets
- beautiful buildout with breathtaking water views
- Opportunities for Growth
- open for lunch, private parties, catering
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,820
- Rent
- $13,500.00 per month
- Lease Expiration
- 7/31/2038
About the Sale
- Seller Motivation
- not a restaurant person
- Transition Support
- 2 weeks at no cost to buyer
- Financing Options
- To a qualified buyer with $1,000,000 down
Listing Info
- ID
- 2506255
- Listing Views
Listing ID: 2506255 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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