Famous Italian Restaurant in Miami

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$450,000 $1,295,102

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Famous Italian Restaurant in Miami Broker: Marcelo Jo

Quick Facts

Asking Price: $450,000
Annual Revenue: $1,295,102
Net Profit: Not Disclosed
Cash Flow: $240,005
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 13
BBN Listing #: 6013630
Broker Reference #: 0101367896

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Business Overview:

Famous Italian Restaurant in Miami is offered for sale. Over 20 years in same location with same owner, now seller is ready to retire. Serving authentic Italian dishes with in-house made pasta, excellent service and great location. It is a turn-key operation for a chef or International buyer looking for a profitable restaurant with incomparable legacy. Great profits for a restaurant open only for dinner. A new owner could open for breakfast and lunch since there are many hotels in the neighborhood. Seating capacity 68, 2COP license. Please refer to listing 0101367896, business broker Marcelo Jo when you inquiry about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $16,500; Square Footage: 1,950; Building Type: Retail; Terms & Options: 5 years; Expiration Date: 5/1/2025.

Market Competition and Expansion:

Non Compete : Miles: 3 Years: 2

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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