Exceptional opportunity to acquire a high grossing, extremely profitable 2000sqft restaurant established since 2011. Located on a prime corner. in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats in+ 38 seats out. Restaurant produced over $1.7M in gross sales with no advertising. High traffic area surrounded by many hotels. Good lease in place. Rent $19,834 per month. Seller is leasing a small office/storage in the building for an additional $1700 a month. Business is well structured around approx. 14 employees on W2. May qualify for an E2 visa. Owner's benefit over $440,000 in 2023 . Gross Sales 2024 approx $1.6M. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy an exceptional location real money maker.
MLS# | A11724895 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 95 |
Listing Provided By | Grand Realty of America, Corp. | Gregory Marie |
Zoning | 6501 |
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State | FL |
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County | Miami Dade |
City | Miami Beach |
Zip Code | 33139 |
Area | 32 |
Listing VS Median (in 33139) | |
Price: $600,000 low | high Med: $215,000 On site: 95 low | high Med: 31.000000 |