Business for Sale Overview:
The Business: Opportunity to own a highly recognized and profitable Restaurant on World Famous Miami Beach with a large fully equipped kitchen and private courtyard. This is a state of the art restaurant and kitchen, professionally designed and expertly decorated, with top of the line materials and equipment. The location is perfect for any concept.
Location: Just off Collins in an area that is known to be the New Epicenter of South Beach. South Beach/Collins Park. This area has recently been the focus of billion dollar investments from the city and private companies including the construction of major resorts, the W Hotel and the Gansevoort (both now open).
Asking price: $499,999
Included in Sale: Build-out, Furniture, Fixtures, Equipment, and much more. Full inventory list and pictures available.
Size: Approximately 5,000 square feet (2,500 square feet plus 2,500 square feet covered courtyard).
Lease Term: 8 years left on current lease. Landlord will consider new 15 year lease.
Rent: Average $9,900 per month
Buy now and take advantage of Season: Art Basel, Miami International Wine Fair, Miami Spice, Miami Film Festival, Super Bowl 2010 Miami, etc!
Also Available for Purchase (not included in above asking price): Alcohol License 4-COP.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
other interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.