MergerPlace

Famous Italian Restaurant in Miami

Florida


  • Asking Price: $450,000
  • Gross Income: $1,295,102
  • Cash Flow: $240,005
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $150,000
  • Listing ID: #221016
  • Established: 1995
  • Employees: 13

Business Description

Famous Italian Restaurant in Miami is offered for sale. Over 20 years in same location with same owner, now seller is ready to retire. Serving authentic Italian dishes with in-house made pasta, excellent service and great location. It is a turn-key operation for a chef or International buyer looking for a profitable restaurant with incomparable legacy. Great profits for a restaurant open only for dinner. A new owner could open for breakfast and lunch since there are many hotels in the neighborhood. Seating capacity 68, 2COP license. Please refer to listing 0101367896, business broker Marcelo Jo 561 827 6601 when you inquiry about this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 13

Financial Information

Asking Price: $450,000
Gross Revenue: $1,295,102
Cash Flow: $240,005
FF&E: $150,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 16500 Square Footage: 1950 Building Type: Retail Terms & Options: 5 years Expiration Date: 5/1/2025

Competition:

Non Compete : Miles: 3 Years: 2

Reason for selling:

Retirement

Support & Training:

For 3 weeks at no 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:

Marcelo jo

Transworld Business Brokers of Central Florida