Turnkey Restaurant Opportunity in Prime Beachside Location
$195,000
1024 A1A Jimmy Buffet Memorial Highway, Satellite Beach, FL 32937
1,112 sqft
Building Size
13.7 acres
Lot Area
Details:
Description:
Operating 3 Natives franchise for sale in Satellite Beach, FL, asking $195,000. The 1,112 SF cafe sits in Atlantic Plaza, the Publix-anchored center at 1024 Highway A1A, alongside Planet Fitness, McDonald's, Subway, and Navy Federal. The store opened in September 2022 and serves acai bowls, smoothies, cold-pressed juice, wraps, and salads with dine-in seating, online ordering, pickup, delivery, and catering. Satellite High School is 0.8 miles away, Holland Elementary 0.6 miles, and the beach 1.2 miles.
This is a franchise resale. The buyer must be approved by 3 Natives, signs on as the franchisee, and takes over the sublease for the space. The digital menu boards and Toast POS conversion required by the franchisor are complete and paid for. The store runs with a manager and two shift leads and is open 7 AM to 7 PM Monday through Saturday and 8 AM to 7 PM Sunday.
The sale includes all FF&E, franchise rights, and goodwill. Equipment: two True deli stations, walk-in cooler, upright and under-counter freezers, merchandising 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, interior and patio seating (tables, stools, chairs, sofa, rattan chairs, coffee table, high chair), wire racks, shelving, and lockers.
The ten-year lease began in 2022 and runs into 2032, with about six years remaining. 3 Natives' leasing company holds the lease with the landlord and subleases the space to the franchisee. Base rent is $29.25/SF in lease year five ($2,710.50 a month) and steps up each year to $33.10/SF in year ten. Operating expenses, taxes, and insurance are billed on top. Total occupancy cost ran about $3,450 a month in April 2026.
P&Ls for 2023 through April 2026, 2023 and 2024 tax returns, the lease, and the franchise agreement are available after a signed NDA. Call 321-300-4773.
Highway A1A in Satellite Beach, this asset sits in a Publix-anchored shopping center with strong daily traffic and established co-tenants. The center offers excellent visibility and direct access along A1A, which carries over 25,000 vehicles per day. The area is surrounded by dense residential neighborhoods, multiple schools within walking distance, and steady pedestrian and local vehicle flow. Tenants benefit from ample surface parking, multiple entry points, and proximity to major demand drivers including Patrick Space Force Base, SR 404 (Pineda Causeway), and the Atlantic Ocean, less than a mile away. This location remains part of one of the most stable and consistently active commercial corridors on the Space Coast, supported by long-term residential growth and household income stability.
Documents:
| Title | ||
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| 3_Natives_2022_Franchise_Agreement_Closing_Docs_3_Natives_Satellite_Beach_LLC.pdf | ||
| Brochure (L) | ||
| rendering.html |
Location
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