17801 Gulf Boulevard Boulevard, Redington Shores, FL 33708

$695,000
2,000
SqFt
List Price
$695,000
Status
Active
Days on Market
30
MLS#
U8137166
Property Style
Business
Living Area
2,000
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

20-YEAR-OLD ESTABLISHED WATERFRONT RESTAURANT OPPORTUNITY! This well-known local favorite waterfront gem boasts 2000 sq ft of inside dining space including a grand bar and dining room that seats a total of 60 guest and has outdoor seating for 34 overlooking the sparkling intercoastal! Known by locals and tourists alike for the freshest seafood around, signature homemade recipes, and incredible atmosphere. This Redington Beach location thrived in 2020. The restaurant, established in 2001 has clientele that are loyal fans of the incredibly fresh and unique local fare offered here, tourists visiting the gulf beaches are sure to hear the recommendation to visit multiple times during their stay! Featuring 7 draft local and domestic beer taps plus coolers for bottled beer and chilled wine. Beer & Wine license is available to be transferred. This turn key operation includes a hard working, dedicated staff of 35 that is experienced with the high volume and consistent turnover typical for the daily guest flow of the restaurant. The average ticket ranges from $65 to $200. Everything is included in the asking price besides the owner's personal memorabilia on the walls. All interested buyers are welcome to come to try some of our famous menu items and enjoy a cold beverage but please DO NOT engage with employees regarding this listing. All questions and appointments must be made directly through agent. With a NNN (triple net lease) that has a current monthly rental rate of $4600 and 2 years left remaining on the original lease with the option to renew this popular restaurant has amazing growth potential in the right hands. Disclosure Building is for sale but option to renew is put in place by current owner Excluding owner's personal memorabilia, all inventory is included with the sale: • 2 reach in freezers, 2 chest freezers, 1 stand up freezer, 1 walk in freezer, 2 small dorm refrigerators (1 for canned seltzer beers, 1 for sauces • 1 ice machine • 3 storage closets additional storage space above bathrooms and kitchen • 3 compartment kitchen sink washing area • 1 small handwashing sink in kitchen • 2 cold storage prep tables/1 cold prep storage/ desert area • 6 tap kegerator and 1 single tap kegerator • 6 foot ice well bottle cooler • 1 wine rack,1 wine shelf storage area • 1 wine shelf behind bar for red wines • Outside sink • 3 compartment glass washing sink behind bar • 1 bar handwashing sink • 2 clover POS systems • 1 outside boat dock fits 2 boats at a time

Additional Information

Community Features
No Deed Restriction
Pool
No Pool
Water Extras
Dock - Wood
Water View
Intracoastal Waterway
Water Access
Intracoastal Waterway

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of REALTY EXPERTS.

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