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For Sale

Turnkey Restaurant Opportunity in Prime Beachside Location

1024 A1A Jimmy Buffet Memorial Highway,
Satellite Beach, FL 32937

Asset Snapshot

1962
Year Built
2020
Year Renovated

Offering Summary

Investment Overview

Fully built-out 3 Natives franchise in Satellite Beach, FL. The 1,112 SF space is located in the Publix-anchored Atlantic Plaza, just off Highway A1A. Built in 2020, it features a modern interior with dine-in seating, online ordering, and pickup. The center sees steady daily traffic from national co-tenants like Planet Fitness, McDonald’s, Subway, and Navy Federal. It’s surrounded by dense residential neighborhoods, with Satellite High 0.8 miles away, Holland Elementary 0.6 miles, and the beach just 1.2 miles. Sale includes all FF&E, franchise rights, branding, and goodwill. Equipment includes two True deli stations, walk-in cooler, upright and under-counter freezers, merchandizing fridge, stainless prep tables, GoodNature juicer, food processor, rotary toaster, panini press, Blendtec blender, Vollrath fruit chopper, two sous vide systems, commercial stand mixer, and a three-compartment sink. Also included: Toast POS system, four digital menu boards, display TV, full interior and patio seating (tables, stools, chairs, sofa, rattan chairs, coffee table, high chair), plus wire racks, shelving, and lockers. The NNN lease was signed in 2022 and has about seven years remaining on a ten-year term. Current rent is approximately $3,500/month including CAM, with scheduled increases starting at $26.50/SF. Additional rent includes $3.00/SF in operating expenses, $1.98/SF in taxes, and $0.36/SF in insurance. Lease transfer requires landlord approval; franchise transfer subject to franchisor approval. This is a turnkey opportunity for an owner-operator to step into a fully operational, branded concept in a growing coastal market with strong demographics and consistent foot traffic.


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Listing Syndicated From

Buildout
For Sale
$225,000
Asking Price