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$ 700,000
Est. payment | /mo
$ 700,000
Est. payment | /mo
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
Listed by Grand Realty of America, Corp.
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