Steak Restaurant for Sale in North Miami Beach

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$350,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Steak Restaurant for Sale in North Miami Beach Broker: Pablo Langesfeld

Quick Facts

Asking Price: $350,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 8
BBN Listing #: 5242630
Broker Reference #: 2201168692

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Business Overview:

This Popular Steak House Restaurant is located on the main east-west artery. Fully built out and equipped. Turn key 2nd Gen Restaurant. Seating capacity 150. Liquor License Not included in the sale. Sold as an asset sale. The restaurant is open and in operation recovering well from C-19. Ideal opportunity for owner operator or Business expansion. Key Money $ 350,000 plus security deposits **** In an effort to respect the privacy of the owner and patrons, please refrain from contacting any of the employees or owners. Confidentiality agreement required and POF Required. ***** Strong financials and experience required for landlord approval and lease assignment. Please refer to listing number 2201168692, business broker Pablo Langesfeld when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $12,000; Square Footage: 2,400; Building Type: Restaurant; Terms & Options: Talk to Landlord; Expiration Date: 12/31/2025.

Market Competition and Expansion:

Non Compete : Miles: 3 Years: 3

Reason for Selling:

Retirement - Other Businesses

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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