Remarks

Check out this turnkey full-service restaurant opportunity at 7923 US. Hwy. 19 in the “Little City by the River” -- Port Richey, FL. The new owner/user will acquire a remodeled and artfully designed free-standing 60-seat restaurant with an eye-popping average daily traffic count of 62,500.
Situated less than a quarter mile away along the blue waters of the Gulf of Mexico, regional favorites Whiskey Joe’s Bar & Grill, Catches Waterfront Grille and Rum River Bar & Grill attract a bevy of loyal followers. In all, 26 restaurants, including local, regional and national brands, are located within 1 mile, making this piece of paradise the eatery epicenter for tourists and locals alike. Median home values within a mile have risen to more than $400,000.
Currently operating as a top-rated Thai restaurant (463 Google reviewers rate it 4.6), this sale includes all furniture, fixtures and equipment. Renovations in 2019 included updated ADA restrooms, commercial kitchen, flooring and more. There are 18 parking spaces on the 11,000 square-foot corner parcel.
The 1,990-square-foot floor plan is quite versatile to accommodate any concept, and includes a back room for private events, plus a bonus room that can be utilized as an office or extra storage. Bring your vision to life in this A+ location that includes excellent monument signage on U.S. Hwy. 19.
Property highlights:
• Turnkey 60-seat restaurant is available in burgeoning West Pasco County.
• Significant improvements to the facility were completed in 2019.
• The buildout exudes a warm and inviting atmosphere for customers.
• 18 parking spaces on site.
Area highlights:
• Pasco County’s longest coastline, with marinas, a cluster of restaurants, public parks and boat rentals, are all located a couple of blocks to the west of the restaurant.
• Just to the south of the restaurant is the Pithlachascotee River (also known as the Cotee), which draws boating and water enthusiasts and a variety of recreational opportunities for all ages.
• Nearby Grand Boulevard offers a Florida Keys-like feel with historic riverfront homes and public parks. Downtown New Port Richey is must-see.
• Cozy independent retailers, including yoga, hair salons, bait shops, dive bars and such, give the area an “Old-Florida” small town sincerity that has become nearly extinct in the Sunshine State.

Details

MLS#: TB8326285
Price: $500,000

Style: Restaurant
Sq Ft: 1990
Year Built: 1956

County: Pasco
Subdivision: CLARK D H ADD
Tax Fee: 5241.36