Seller's Contact Information
- RE: Authentic Profitable Italian Restaurant. Absentee
- Contact: Brian Zoberg, Broker
- License #: BK3289133
Quick Facts
| Asking Price: | $925,000 | |
| Annual Revenue: | $1,250,000 | |
| Net Profit: | $278 | |
| Cash Flow: | $278,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 12 | |
| BBN Listing #: | 191256348 | |
| Broker Reference #: | ITALIAN MIA |
Business Overview:
Exclusive, fine dining in upscale North East Miami neighborhood. Premium Location. Long established with an excellent reputation. This is the original owner/founder who has a successful track record operating restaurants serving fine Italian Cuisine in South Florida. It has been very popular for many years and reservations are recommended.
Currently absentee with responsible employees in place. Many five star google reviews. No expense spared. The local area and ambiance of the restaurant supports higher than average menu prices. An onsite owner who is involved in the day to day operations can increase revenue, add third party delivery services and develop a catering business. Large selection of imported wines, authentic pastas, appetizers, risotto, chicken, steak and seafood. Can possibly work for E2 investment VISA. Some SELLER FINANCING IS AVAILABLE. Solid lease in place. Seller is willing to assist in a transition and teach the new owner based on his lifetime of experience. The sale of this business is VERY Confidential.
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Property Features and Assets:
Upscale Italian Restaurant in exclusive neighborhood. Owned by famous South Florida Chef. Currently Absentee. Can increase revenue by getting involved and working in the business.
Market Competition and Expansion:
Opportunity to increase online and local promotions, catering, delivery.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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