Famous Miami Beach Restaurant

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$2,950,000 $4,569,603

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Famous Miami Beach Restaurant Broker: John Devries
Owner Financing is Available!
Loan/Seller - Amount: $295,000; Months: 120 Rate: 8.00% Monthly Payment: $3,579.16

Quick Facts

Asking Price: $2,950,000
Annual Revenue: $4,569,603
Net Profit: Not Disclosed
Cash Flow: $711,696
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 68
BBN Listing #: 3621630
Broker Reference #: 7301150050

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Business Overview:

5 Star number one rated restaurant hot spot in Miami Beach! This is the most famous restaurant/ night club in all of Miami! Well known for offering delicious Mexican/Latin cuisine. Located in the heart of the South Beach Miami District within an iconic hotel visited by famous TV and movie stars. There is over 10,000 square feet and 2 levels with a 20-year lease! Don't miss this opportunity to own one of the most iconic hotel restaurants in Miami Beach FL! Please refer to listing number 7301150050 Business Broker John Devries when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $18,447; Square Footage: 10,000; Building Type: Plaza Hotel; Terms & Options: Negotiable; Expiration Date: 3/1/2039.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 5.

Reason for Selling:

Other Interest.

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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