NextCompany

Confidential Listing for Two Premier Steakhouse Restaurants

Two full-service steakhouses in Stuart and Port St. Lucie, Florida

On NextCompany since September 1, 2026 (44 days)

FL areaEstablished 202215 FT + 63 PT employees
Financial summary
Asking price
$2,600,000
Gross revenue
$7,128,301
Cash flow (SDE)
$882,530
Inventory
$100,000
FF&E
$500,000

Figures come from the listing party and are not verified or guaranteed by NextCompany. Parts of this page are AI-generated and may contain errors. Verify everything before relying on it. See the Buyer Terms.

Business overview

This pair of full-service steakhouses operates in Stuart and Port St. Lucie, Florida. Each 160-seat location serves aged prime steaks and fresh seafood. The business has operated since 2022. Both sites completed more than $2,000,000 in renovations within the past year. The restaurants employ 15 full-time and 63 part-time staff. Combined gross revenue is $7,128,301. Combined cash flow is $882,530. The asking price is $2,600,000.

Who is a good fit for this business

  • Seasoned restaurateurs who want two Florida steakhouses with 15 full-time staff already on site.
  • Multi-unit operators adding Stuart and Port St. Lucie steakhouses to a Florida coastal portfolio.
  • Private equity groups buying a two-restaurant Florida portfolio with $7,128,301 in combined revenue.
  • Buyers who can fund a $2,000,000 down payment on the $2,600,000 asking price.

Details

Reason for selling
Consolidation
Real estate
No real estate
Monthly rent
$20,000

Frequently Asked Questions

The restaurants operate in Stuart and Port St. Lucie, Florida. They run as full-service steakhouses serving aged prime steaks, seafood, wine, and craft cocktails. Each dining room seats 160 guests. One location sits downtown. The other occupies a high-visibility retail center.

The asking price is $2,600,000. Combined gross revenue is $7,128,301. Combined cash flow is $882,530. Those figures cover both steakhouse locations. Mark Quinn lists the pair for Sunbelt Business Brokers of South Florida.

The sale includes $100,000 of inventory. Buyers also receive $500,000 of furniture, fixtures, and equipment. Monthly rent is $20,000. The restaurants occupy 15,000 square feet. The sale omits real estate.

The restaurants employ 15 full-time staff. They employ 63 part-time staff. Experienced management remains at both locations. A hospitality group operates the two steakhouses.

The seller offers no financing on this listing. The listed down payment is $2,000,000. The owner is selling for consolidation. Buyers cannot relocate the restaurants.

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