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