MergerPlace

Cozy Restaurant in the South Beach

Florida (Miami-Dade)


  • Asking Price: $350,000
  • Gross Income: $1,000,000
  • Cash Flow: $500,000
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $200,000
  • Listing ID: #201584
  • Established: 1987
  • Employees: 5

Business Description

Cozy corner restaurant nested in the newest hostel in South Beach. 2 terraces overlooking historic Collins Ave (St Rd A1A), 2,000 sf full bar and wifi lobby for guests. One block from the ocean, money maker ready for a new owner. Owner forced to sell due to divorce. His loss, your gain. Price is negotiable and owner finance possible. Please refer to listing number 2201-84351 and advisor Bill Manrique when inquiring.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Miami-Dade

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $350,000
Gross Revenue: $1,000,000
Cash Flow: $500,000
FF&E: $200,000
Inventory: $8,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 4000 Square Footage: 2000 Building Type: HOTEL Terms & Options: Expiration Date: 8/11/2022

Reason for selling:

Divorce

Support & Training:

Seller will train for four weeks at no additional cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Bill Manrique

Transworld Business Brokers