• Favorites
    • Sign up/Log in
    •  305-296-1400
    •  Email
    •  Locations

Commercial Real Estate in Key West & the Florida Keys by RE/MAXCommercial Real Estate in Key West & the Florida Keys by RE/MAX

  • Menu
  • Home
  • Commercial Search
    • Commercial Property Search
    • Our Commercial Properties
    • Newest Commercial on the Market
  • Property Types
    • Bars & Restaurants
    • Office Buildings
    • Marinas
    • Hotels/Motels/B & B’s
    • Investment Properties
    • Leasing
    • Industrial/Warehouses/Other
    • Business Opportunities
    • Multi-Unit
  • Selling Your Property
    • Commercial Property Valuation
    • Residential Property Valuation
  • Search by Area
    • Key Largo
    • Islamorada
    • Marathon
    • Big Pine Keys
    • Key West
    • Duval Street
  • Residential Search
  • About
    • About Us
    • Meet the Team
    • Client Reviews
  • Blog
  • Contact

3 Things to Know Before You Buy a Restaurant in the Florida Keys

3 Things to Know Before You Buy a Restaurant in the Florida KeysStarting your own business is always an exciting prospect. If you’re thinking about buying a restaurant in the Florida Keys, here’s what you need to know.

3 Things to Know Before You Buy a Restaurant in the Florida Keys

Many people take the plunge by becoming a business owner, but often do so not really knowing what they need to know in order to be successful at it, and an aspiring restaurant owner is no different. In fact, folks wanting to open their own restaurant are in a tougher spot than most new business owners. Here are three key things you need to know and understand about opening a restaurant.

Owning a Restaurant is Hard Work!

This is probably the single most important thing you need to know as a prospective restaurant owner. Restaurant ownership, especially during the first few years, is not fun. It can feel like a 24/7 job, as many times the work continues well after closing. Constantly being at the restaurant and dealing with restaurant issues can take its toll on both you and your family. Are you prepared to deal with that?

Know the Rules and Regulations

The first thing you’ll have to worry about is your state’s health and food safety standards. Then your locality’s general business operating rules come into play. Some of the local rules you may need to be aware of include advertising and the building’s appearance and functionality.

Advertising: The Keys have specific rules regarding signage used to advertise your business.

The building: Keeping the outside of your building neat and clutter-free is a must, and it has to meet code requirements.

Not playing by the rules can get you shut down before you get going with all that hard work you’re going to be doing, especially in the smaller localities.

Think Twice Before Hiring Friends and Family

It’s never a good idea to lend money to friends or family, and hiring them to work for you isn’t a wise thing to do either. Perhaps it may work out in the beginning, but in the long term you need to employ trustworthy, hard-working, competent outsiders. Doing so can spare a lot of resentment and hurt feelings.

Hot Key West Business Opportunities

1 Henry Morgan Road W 1 $38,000,000

1 Henry Morgan Road W 1 OTHER, Florida

99 Beds 119 Baths

1 Infinity Bay Road W 145 $28,000,000

1 Infinity Bay Road W 145 OTHER, Florida

99 Beds 170 Baths

1 Media Luna Resort Road W 126 $26,000,000

1 Media Luna Resort Road W 126 OTHER, Florida

99 Beds 109 Baths

$10,000,000

Other, Florida

30 Beds 33 Baths

27340 Overseas Highway $6,900,000

27340 Overseas Highway Ramrod, Florida

3,969 SqFt

1 Lands End  West End Roatan W $6,750,000

1 Lands End West End Roatan W OTHER, Florida

25 Beds 27 Baths

328 Whitehead Street $4,995,000

328 Whitehead Street KEY WEST, Florida

5 Beds 5 Baths 2,759 SqFt 0.330 Acres

7537 Overseas Highway $3,495,000

7537 Overseas Highway MARATHON, Florida

6,750 SqFt

91865 Overseas Highway $2,300,000

91865 Overseas Highway Tavernier, Florida

15 Beds 10 Baths 10,150 SqFt

100150 Overseas Highway $2,100,000

100150 Overseas Highway KEY LARGO, Florida

58835 Overseas Highway $1,499,000

58835 Overseas Highway MARATHON, Florida

3,414 SqFt

1000 Eaton Street $1,200,000

1000 Eaton Street KEY WEST, Florida

1 Baths 989 SqFt

Pirates Road $799,000

Pirates Road Cudjoe, Florida

Pirates Road $799,000

Pirates Road Cudjoe, Florida

2.200 Acres

Pirates Road $799,000

Pirates Road Cudjoe, Florida

96,547 SqFt

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated with new properties every HOUR. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!

In the meantime, check out these 1-click searches:

  • All Businesses for Sale
  • Office Buildings
  • Hotels, Motels & Bed & Breakfasts
  • Bars & Restaurants
  • Marinas for Sale in Key West
  • Investment Properties
  • Business Opportunities

Newest Key West Commercial Properties on the Market

Offered for sale is Vaca Cove a 7 unit vacation rental property located in Marathon, FL.  The property is comprised of 7 stilted waterfront homes, dockage accommodating up to 40' boats per home, resort sized pool, fishing dock/kayak launch and built in 2016.  Each home is 1,740 Sq. Ft., 4 bedroom, 3 bath, open floor plan living area, large laundry, water front porches with open water views, private spas and covered parking.  This is an active vacation rental property with established management and increasing numbers.  Please do not go to property unscheduled.  Call for more information. $6,900,000 Active

12555 Overseas Highway A MARATHON, Florida

28 Beds 21 Baths 12,180 SqFt

The BB & T building is a centrally located landmark in one of the best areas in Key West. A prestigious location for this expansive second floor condominium executive office suite. Ideally suited for any professional office; medical, attorney, accountant, investment, real estate and or continued insurance enterprise. This tastefully decorated and expansive office suite offers many desirable features: More than 1900 sq. ft., 2-private balconies facing east and west, kitchen, reception, multiple private offices, bull-pen, conference and ample storage. Common area baths located immediately adjacent to the suite. Utilities included. $5,500 Active

1010 Kennedy Drive 203 KEY WEST, Florida

1,912 SqFt

The BB & T building is a centrally located landmark in one of the best areas in Key West.  A prestigious location for this expansive second floor condominium executive office suite. Ideally suited for any professional office; medical, attorney, accountant, investment, real estate and or continued insurance enterprise.   This tastefully decorated and expansive office suite offers many desirable features:  More than 1900 sq. ft., 2-private balconies facing east and west, kitchen, reception, multiple private offices, bull-pen, conference and ample storage.  Common area baths located immediately adjacent  to the suite.  The CAM monthly fee includes the utilities; insurance, building maintenance and 24 hour security.  Seller financing available.  Office furnishings negotiable. $585,000 Active

1010 Kennedy Drive 203 KEY WEST, Florida

1,912 SqFt

3600 sq. feet of CBS Twin Tee Construction WAREHOUSE with 17' interior height Insulated and Air conditioned.  3 Overhead doors. Ample Asphalt  Parking Cabinet Shop, Window Shop, Endless possibilities ******* COULD BE SUBDIVIDED *********Additionally available 1000 sq. feet of office space plus upstairs apartment.  Pricing will depend on size of space that is  leased. $26 Active

Key Largo, Florida

1 Beds 3 Baths

View All

Posted in: Buyers, Buying Commercial Real Estate, Buying Tips, Commercial Real Estate, Restaurants & Bars Tagged: Buying a Commercial Building, Buying a Restaurant, Restaurant, Tips

Subscribe to our mailing list

* indicates required



Primary Interest *

Describe Yourself *


Post navigation

« Opening a Restaurant? 4 Features Your Kitchen Needs
3 Things to Know Before You Buy a Commercial Building »

Contact Us Now!

"RE/MAX

305-296-1400 Office
305-304-0084 Direct

cskomp@remax.net

Key West Office

410 Caroline St.
Key West, FL 33040

Key Largo Office

98880 Overseas Hwy.
Key Largo, FL 33037

Commercial Property Search

  • Commercial Search
  • Residential Search
  • Interactive Map Search
  • Search by Address
  • Search by Listing ID
  • Favorite Properties

Connect With Us!

Smart Search

Did you know the hottest properties in Key West often sell within days of being listed? Don’t miss out! Set up your own custom property alert so you can be notified of the newest commercial properties as they hit the market! Simply click the button below and choose the qualities that you want most and save your search to start getting alerts today!

Join Deal Alert

As local Key West Real Estate Agents we also have access to properties before they hit the market and can show you more information that is only accessible in the MLS. If you would like to set up a time to go over your real estate needs, please free to contact us at your convenience. There is no obligation and or pressure… we hope to hear from you!

© 2021 · Curtis A. Skomp, CCIM · 305-304-0084 · Sitemap · IDX Sitemap · IDX XML Sitemap · Commercial Properties Key West FL
Disclaimer - All Rights Reserved by RE/MAX Commercial

Licensed in Florida | Key West FL Commercial Real Estate

AREAS WE COVER:

33040, 33043, 33042, 33050, 33036, 33037
Key West, Stock Island, Big Pine Keys, Marathon, Islamorada, Key Largo

Log in · Agent Center Page · Real Estate Website by Real Estate Websites by YourSiteNeedsMe.com