The Salty Lime & The Thirsty Marlin
1019 Florida Ave., Palm Harbor, FL 34689
Marketing description
This vibrant and profitable Mexican Cantina was inspired by a visit to a colorful fishing village across the Gulf of Mexico—bringing the energy, flavor, and hospitality of that destination straight to Palm Harbor. Known for its freshly squeezed margaritas, ice-cold Mexican beer, and signature sangrias, this restaurant has built a loyal customer base and a strong local presence.
Offering handcrafted Mexican cuisine made from seasonal ingredients, the kitchen delivers bold, authentic flavors with a modern twist. With seating for over 150 guests, including indoor and outdoor options, it serves lunch, dinner, and a popular weekend brunch.
Stylish decor, a warm atmosphere, and a proven track record of profitability make this a standout opportunity for an operator or investor. Business and land are included in the sale, offering long-term value in one of Pinellas County's most desirable submarkets.
Located in the heart of Palm Harbor, The Thirsty Marlin is a landmark bar and grill with over two decades of proven success. Bursting with Old Florida charm and coastal energy, this beloved establishment is known for its vibrant tiki bar, live music, fresh seafood, and signature cocktails served with a smile.
With seating for 200+ guests across indoor and outdoor spaces, the restaurant offers a relaxed, tropical atmosphere perfect for lunch, dinner, and weekend entertainment. From ice-cold beer to premium liquor, a full-service bar complements a diverse menu of fan favorites including steaks, burgers, and just-caught seafood.
This is more than just a business—it's a destination with a loyal following, strong brand recognition, and consistent cash flow. The offering includes both the business and real estate, with pricing near current land appraisal value—making it an exceptional investment in one of Tampa Bay's most desirable coastal markets.
Investment highlights
- Priced Near Land Appraisal Value
- 25-Year Local Favorite
- Business and real estate included in the sale
- Seating for over 150 guests (The Salty Lime) and 200+ guests (The Thirsty Marlin), including indoor and outdoor options
- May qualify for SBA financing with terms up to 25 years and as little as 10% down
- Four (4) weeks of hands-on training provided at no additional cost
- Strong foot traffic and local visibility, enhanced by regular community street events
- The Salty Lime brand offers clear potential for growth, ideal for expansion into multiple units or franchising
- With a strong brand and 25+ years of goodwill, The Thirsty Marlin is primed for expansion into multiple Tampa Bay markets
- The Salty Lime:
- Facilities: The Salty Lime features authentic Mexican-inspired décor, a spacious indoor dining area, and a large, inviting bar. Ample seating is available both inside and on the outdoor patio, creating a vibrant and flexible dining experience. The kitchen is fully equipped, well-maintained, and ready for continued high-volume service. Additional parking is available behind the building for customer convenience.
- Competition: This location benefits from strong foot traffic and local visibility, enhanced by regular community street events held directly in front of the property. The surrounding neighborhood actively supports local businesses, creating a built-in promotional platform that drives traffic and sales.
- Growth & Expansion: The Salty Lime brand offers clear potential for growth, with an identity and concept ideal for expansion into multiple units or franchising. A savvy operator could easily replicate the model throughout the Tampa Bay region and beyond.
- Financing: This opportunity may qualify for SBA financing with terms up to 25 years and as little as 10% down, subject to buyer qualifications.
- Support & Training: The current owner is committed to a smooth transition and will provide four (4) weeks of hands-on training at no additional cost.
- The Thirsty Marlin:
- Facilities: Freestanding building with rear parking, a spacious and fully equipped kitchen, and flexible indoor and outdoor seating options. Features include a comfortable bar/lounge, as well as a vibrant outdoor tiki bar—perfect for live music and social gatherings. Well-maintained and designed for high-volume service.
- Competition: Located in a well-established community that actively supports local businesses. Years of consistent operation in the same high-visibility location have made The Thirsty Marlin a household name. It’s where the locals go to eat, drink, and unwind.
- Growth & Expansion: With a strong brand and 25+ years of goodwill, this concept is primed for expansion into multiple Tampa Bay markets. The Thirsty Marlin’s name recognition and loyal customer base provide a solid foundation for franchise or multi-unit growth.
- Financing: This opportunity may qualify for SBA financing with as little as 10% down, subject to lender approval and buyer qualifications.
- Support & Training: Both owners are committed to a smooth transition and will provide four (4) weeks of hands-on training at no cost to the buyer.
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