We Lost our Funding... $144,000 or best offer wins the Restaurant.

Asking Price$144,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$60,000
Included in asking price
Corner of Main and WashingtonSave

We Lost our Funding... $144,000 or best offer wins the Restaurant.


Asking Price$144,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$60,000
Included in asking price
Business Description
This year we were awarded the 2nd Best New Restaurant in Sarasota and the Number 1 Fried Chicken in Sarasota the same day. Our location is downtown on Main Street. We have deeded Free Parking and an elevator leading to our restaurant. Our chefs have opened some of the top restaurants in Sarasota and New York. Our loss is your gain. We lost our funding and we need to sell. The restaurant has been renovated in 2026 Take a look at our website to see our menu and location.
About the Business
Years in Operation
3
Employees
9 (4 Full-time, 4 Part-time, 1 Contractor)
Facilities & Assets
Newly Renovated January 2026, Free Parking Garage. Terms of Lease and all furniture and fixtures except for personal artwork and family photos/
Website
https://www.forkandhen.net
Market Outlook / Competition
Sarasota (34236) Restaurant Market – 2026 Snapshot
1) Demand: Strong but Selectively Competitive
Vacancy: ~3.9% Costar 239...2026-05-19 ,
Availability: ~3.5–3.6% [Costar 239...2026-05-19 PDF
This is considered supply-constrained, meaning: Good restaurant locations (Main St, Palm Ave, Lemon Ave, St. Armand's) are highly competitive. Prime downtown restaurant spaces trade quickly. Second-gen” restaurant spaces are highly sought after. Rent & Occupancy Trends (Downtown Focus)

Average Sarasota City retail rent: ~$25/SF [Costar 239...2026-05-19 |
Downtown (34236 core) specifically: $40–$55/SF NNN depending on location/quality, We are located in the downtown core.
Rent growth: ~1.5% YoY (stable, not overheated) [Costar 239...2026-05-19 ,
Downtown restaurant rents are well above market averages.

Current Sarasota County restaurant deals show:
Entry-level / small concepts:
~$90K – ~$350K (asset sales, small cafés)
Opportunities for Growth
Tourism softened slightly in 2025: Rising costs: Labor + food inflation still pressuring operators. Uneven traffic: Peak season still very strong. Shoulder/off-season is more fragile than 2021–2023. Market for 34236 zip code still strong but not for first time operators without experience

Positive drivers:
Tourism + seasonal residents remain major drivers
Affluent demographics (high income within 1–5 mile radius) [Costar 239...2026-05-19 |
Walkability + “experience retail” clustering downtown
New restaurant openings continuing in 34236 (pipeline still active)

Headwinds:
Tourism softened slightly in 2025:
Visitor spending ? and visitation ? year over year
Rising costs:
Labor + food inflation still pressuring operators [restaurant.org]
Uneven traffic:
Seasonality remains very real (winter vs summer gap)
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,522
Rent
$13,701.00 per month
Lease Expiration
1/31/2030
About the Sale
Seller Motivation
Loss Continual Funding
Transition Support
Two weeks following the Closing, the owners will be reasonably available to Buyers to assist with the transition of the Restaurant
Financing Options
no financing available
Listing Info
ID
2511753
Listing Views
Attached DocumentsAttachment Disclaimer

Page 1 Adendum lease.pdf


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Business Listed by: Daniel Jittu G2 International Realty

Listing ID: 2511753 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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