Miami Beach, FL 33139,000 COLLINS
$690,000
Est. payment /mo
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Price Dropped by $60K

000 COLLINS Miami Beach, FL 33139

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UPDATED:

11/04/2024 02:57 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11576249

HOA Y/N No

Property Description

Possibly one of the best restaurants deals in all Miami. Extremely profitable business established since 2011. Located on a prime corner location in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats inside+ 38 seats outside. Restaurant produces over $1.7M in sales with no advertising. High traffic area surrounded by many hotels. Good lease in place. Rent $19,834 per month. Seller is leasing a small office for an additional $1700 a month. Business is well structured around approx. 14 employees on W2. May qualify for an E2 visa. Owner's benefit over $440,000 in 2023, very easily verifiable. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy a real money maker just before the season.

Location

State FL

County Miami-dade

Area 32

Interior

Heating Central

Cooling Central Air

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Ownership Limited Partnership

Security Features Fire Sprinkler System

Acceptable Financing Cash

Listing Terms Cash


Listed by Grand Realty of America, Corp.

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Herman Singh

Broker

+1(310) 625-6175

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000 COLLINS