Waterfront Restaurant Bar for Sale Palmetto FL With $264K to Owner

Sarasota, Florida

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CERTIFIED PRE-OWNED
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FOR SALE - ACTIVE

$4,999,999

Listing #45949

$5,047,992

Sales

$264,639

Owner Benefit

Listing

  • Listing#:45949
  • Price: $4,999,999
  • Location:Florida

Buy this dominant Waterfront Restaurant and Bar for Sale in Sarasota County, Florida area with verified sales topping $5,000,000 and an Owner Benefit of $264,639, a combination seldom seen on the market. Offered exclusively by We Sell Restaurants, this rare Gulf Coast opportunity ranks among the most compelling Florida restaurants for sale today, blending scale, curb appeal and operational excellence. Strong books, a commanding location and polished processes set you up for success.

Step into approximately 18,000 square feet designed to move high volumes with ease, including seating for 250 inside and 160 on an inviting patio that captures coastal breezes. The Waterfront Restaurant and Bar for Sale operation is fully equipped from kitchen to bar, holds a full liquor license and delivers the look, flow and capacity of a flagship that can host large parties, game days and destination weekends. Ample parking, flexible zones for private events and a waterfront vibe keep tables full day and night while takeout and catering add incremental sales.

Own this proven performer supported by a seasoned team of roughly 80 employees and clear systems that keep service on pace during peak periods. Lease runs through 2029 with three five year options and current base rent of about $23,500 per month, a compelling structure for a venue of this scale in a high demand trade area. A high traffic setting draws loyal locals, boaters and destination diners across seasons, with strong visibility, easy access and ample parking that convert passerby into repeat guests at this Waterfront Restaurant and Bar for Sale.

Take over the Waterfront Restaurant and Bar for Sale with confidence, then sharpen growth through events, catering, live entertainment, enhanced digital marketing and daypart expansion while the seller provides two full weeks of training (or more if needed) at no additional cost. Buyer prequalification of $750,000 is required for financials, name disclosure and tours, ensuring confidentiality is protected and only serious parties engage. 

This Waterfront Restaurant and Bar for Sale is a rare chance to control a marquee waterfront asset with meaningful upside, durable brand awareness and a current Owner Benefit that proves the model even before new initiatives. The seller is ready to focus on other ventures, creating a clean handoff for the next owner to build on a powerful foundation, so bring your offer today and position yourself for the next stage of growth.

By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Florida restaurants for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Michael and Abby Spizzirri at (941) 977-6428

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Business listed by Michael and Abby Spizzirri, WE SELL RESTAURANTS TAMPA SARASOTA.

Buy this dominant Waterfront Restaurant and Bar for Sale in Sarasota County, Florida area with verified sales topping $5,000,000 and an Owner Benefit of $264,639, a combination seldom seen on the market. Offered exclusively by We Sell Restaurants, this rare Gulf Coast opportunity ranks among the most compelling Florida restaurants for sale today, blending scale, curb appeal and operational excellence. Strong books, a commanding location and polished processes set you up for success.

Step into approximately 18,000 square feet designed to move high volumes with ease, including seating for 250 inside and 160 on an inviting patio that captures coastal breezes. The Waterfront Restaurant and Bar for Sale operation is fully equipped from kitchen to bar, holds a full liquor license and delivers the look, flow and capacity of a flagship that can host large parties, game days and destination weekends. Ample parking, flexible zones for private events and a waterfront vibe keep tables full day and night while takeout and catering add incremental sales.

Own this proven performer supported by a seasoned team of roughly 80 employees and clear systems that keep service on pace during peak periods. Lease runs through 2029 with three five year options and current base rent of about $23,500 per month, a compelling structure for a venue of this scale in a high demand trade area. A high traffic setting draws loyal locals, boaters and destination diners across seasons, with strong visibility, easy access and ample parking that convert passerby into repeat guests at this Waterfront Restaurant and Bar for Sale.

Take over the Waterfront Restaurant and Bar for Sale with confidence, then sharpen growth through events, catering, live entertainment, enhanced digital marketing and daypart expansion while the seller provides two full weeks of training (or more if needed) at no additional cost. Buyer prequalification of $750,000 is required for financials, name disclosure and tours, ensuring confidentiality is protected and only serious parties engage. 

This Waterfront Restaurant and Bar for Sale is a rare chance to control a marquee waterfront asset with meaningful upside, durable brand awareness and a current Owner Benefit that proves the model even before new initiatives. The seller is ready to focus on other ventures, creating a clean handoff for the next owner to build on a powerful foundation, so bring your offer today and position yourself for the next stage of growth.

By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Florida restaurants for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Michael and Abby Spizzirri at (941) 977-6428

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Business listed by Michael and Abby Spizzirri, WE SELL RESTAURANTS TAMPA SARASOTA.

Lease Term 2029 Plus 3 5 year options

Monthly Rent $23,500

Indoor Seating 250

Inside Sq. Ft. 18,000

Hood System Yes

Hours Monday- Thursday: 11:30 AM Till 8 PM Friday: 11:30 Till 9 PM Saturday: 11 AM Till 9 PM Sunday: 11 AM Till 8 PM

No. of Part-Time Employees 30

No. of Full-Time Employees 50

  • Waterfront Location
  • One Of A Kind
  • On Track To Do Over 3.9 Million 2026
  • Full Liquor
  • Large Outdoor Patios
  • Favorable Long Lease In Place

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