Business For Sale

22 Yr. Est.Glamorous Piece of Italy in Miami

Miami, FL
Miami Dade County


Asking Price: Annual Revenue:
$500,000 $952,622

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 22 Yr. Est.Glamorous Piece of Italy in Miami Broker: JM de los Rios
Owner Financing is Available!
Loan/Seller: $100,000 @6.0% for 24 months; $400,000 down.

Quick Facts

Asking Price: $500,000
Annual Revenue: $952,622
Net Profit: Not Disclosed
Cash Flow: $149,824
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 10
BBN Listing #: 14471249
Broker Reference #: 13473561

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Business Overview:

Over 22 year established Glamorous piece of Italy in Miami. Prestigious fine and elegant dining restaurant with extensive wine list, known for outstanding food and service with 4COP. 88 Seats plus 10 at the Bar. No slow season here. Diner only. Open for lunch also and watch your sales climb. Loyal regular customers mixed. Excellent books and records for an E2 or L1 Visa buyer. Annualized 2018 numbers from actual 05/31/2018 P&L

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Property Features and Assets:

2,500 square feet - shopping center; Lease/month: $7,562; Terms/options: Three 5 year options.

Reason for Selling:

Retirement

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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