11400 Overseas Hwy, Marathon, FL 33050, Marathon, FL 33050
sale
$489,000
|
Other
Courtesy Of Coldwell Banker Schmitt Real Estate Co.
One of Marathon's most iconic restaurants is now available for sale -- a rare chance to own and operate what many consider the best restaurant in the Florida Keys. Frank's Grill has operated at its current location since 2006, when the owner/chef relocated from what was previously regarded as one of Marathon's premier dining destinations. Today, Frank's Grill serves as the anchor tenant of Towne Square Mall, one of Marathon's busiest shopping plazas -- home to a steady flow of daily foot traffic and anchored further by a U.S. Post Office. This sale includes all FF&E (furniture, fixtures & equipment), current inventory, and proprietary recipes/assets. Walk in and start operating day one. Property & Licensing: Seating: 47 inside / 10 outside (57 total) 2COP Beer & Wine license currently in place Lease Terms: New 5-year lease signed May 1, 2026 Tenant option to renew after year 3 (subject to Assignment approval) With nearly two decades of brand recognition, a loyal local following, and an unbeatable high-traffic location, the goodwill alone in this business justifies the asking price. Opportunities to acquire an institution like Frank's Grill rarely come to market.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 620752
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