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Exceptional Turnkey Restaurant Opportunity – Bee Ridge Road, Sarasota!
Now available: a rare chance to acquire a fully operational, beautifully renovated restaurant in one of Sarasota’s most dynamic and sought-after commercial corridors. Located on high-visibility Bee Ridge Road, this 1, 500 sq. ft. space is perfectly positioned among thriving businesses, popular dining destinations, and offers strong daily foot traffic with ample customer parking.
Designed with both style and functionality in mind, the restaurant features a professional-grade kitchen with a spacious walk-in cooler, city gas, and a commercial hood system built for efficient, high-volume operations. Two brand-new 10-ton air conditioning units ensure a comfortable dining environment year-round, while the interior renovations deliver a polished, modern ambiance that’s ready for your concept.
A beer and wine license is already in place, allowing for a seamless transition to the new operator. The lease is highly attractive—5 years plus a 5-year renewal option—at just under $5, 000/month, offering long-term stability in a location that consistently performs.
Whether you’re an experienced operator expanding your portfolio or a chef ready to bring your vision to life, this is a rare plug-and-play opportunity in a market where ready-to-go spaces are few and far between.
Offered at $150, 000, which includes all equipment and closing costs for a clean, streamlined acquisition.
Showings are by Appointment Only—Proof of Funds is Required Prior to Scheduling!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $749 | $788 | $1,005 |
Total Monthly Payment | $824 | $863 | $1,080 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.