Spectacular Bar for Sale in the Most Visited Place

Miami, FL
Miami Dade County


Asking Price: Annual Revenue:
$699,000 $2,435,118

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Spectacular Bar for Sale in the Most Visited Place Broker: Robin Gagnon

Quick Facts

Asking Price: $699,000
Annual Revenue: $2,435,118
Net Profit: Not Disclosed
Cash Flow: $226,802
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 14
BBN Listing #: 92708096
Broker Reference #: 7156

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Business Overview:

Buy this bar for sale directly on a high-end marina in Miami. Check out an amazing opportunity with 2019 projected sales of over $2.4 million million at very high margins. Alcohol only! No Food! Owner's take-home over $225,000. This fun hot-spot is a favorite for locals and tourists alike.

This bar for sale is located in an open-air shopping center in downtown Miami Florida which is recognized by the Greater Miami Convention & Visitor's Bureau as the number one most visited attraction in Miami. That's why the volume is so high and the profit margins are unmatched.

The owners need to move on to their many other businesses and have asked We Sell Restaurants to locate a buyer. This is a great opportunity to buy an established bar for sale that is booming with walk-up business primarily brought in from the many local attractions immediately nearby. The reviews are outstanding from the location, the fancy drinks, and the exceptional bartenders mixing up the best in Miami.

Incredibly easy to manage, this bar for sale is only 478 square feet. There is no food – just drinks! It also includes a patio area overlooking the spectacular harbor and marina for customers to sip their drinks and people watch and check out the multi-million-dollar yachts coming and going. The location is an space with 96 seats shared by other businesses.

Marketing and advertising are minimized in this bar for sale because of the sheer volume of local visitors and tourist coming through the area. The local attractions bring thousands of people to the area daily.

The equipment is top of the line for making frozen drinks, mixed drinks and more. It includes 11 frozen drink machines. They are famous for their from-scratch margaritas, daiquiris, pina coladas, mudslides, mojitos, etc. Their prices are high but so is the demand… their customers expect nothing but the best at this bar for sale. “Drinks to go” are available for the droves of customers walking around this complex of shops, attractions, sports facilities, community parks, etc.

The sheer volume of business, the number of customers and the operating hours dictate the need for 5 full-time and 9 part-time employees. The bar for sale is open from 9 AM to midnight every day. The immediate area includes thousands of apartments and condos in high-rise buildings as well as high-rise office buildings, hotels and numerous colleges.

The space includes easily accessible walk up seating, several tables and chairs in an open area and a patio area which overlooks the spectacular marina. The fancy and colorful LED lighting attracts people from blocks away. The rent is consistent with this extraordinarily high-profile location of this bar for sale in this market.

If you’re ready to move into a profitable business and get in the spotlight owning one of the coolest businesses in Florida, jump on this one today!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

2 low boy refrigerator 2 door 1 low boy refrigerator 3 door 8 ice bins 11 frozen daiquiri Machines 3 Hand wash sinks 1 vegetable wash sink 1 three compartment sink 1 ice machine

Market Competition and Expansion:

Located in an open-air shopping center in downtown Miami Florida which is recognized by the Greater Miami Convention & Visitor's Bureau as the number one most visited attraction in Miami.

Reason for Selling:

Personal

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.

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