000 COLLINS Active

Miami Beach,FL 33139

$ 700000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11724895

HOA Y/N No

Property Description

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.

Location

State FL

County Miami-dade

Area 32

Interior

Heating Central

Cooling Central Air

Exterior

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Ownership Limited Partnership

Security Features Fire Sprinkler System

Acceptable Financing Cash

Listing Terms Cash

View More
Favorite Go Tour