MergerPlace

Famous Miami Beach Restaurant

Miami Dade, Florida (Miami-Dade)


  • Asking Price: $2,950,000
  • Gross Income: $4,569,609
  • Cash Flow: $711,696
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $500,000
  • Listing ID: #213140
  • Established: 1999
  • Employees: 68

Business Description

5 Star number one rated restaurant hot spot in Miami Beach! This is the most famous restaurant/ night club in all of Miami! Well known for offering delicious Mexican/Latin cuisine. Located in the heart of the South Beach Miami District within an iconic hotel visited by famous TV and movie stars. There is over 10k sq. ft. and 2 levels with a 20-year lease! Don't miss this opportunity to own one of the most iconic hotel restaurants in Miami Beach FL! Please refer to listing number 7301150050 Business Broker John Devries when inquiring about this listing.


Business Details

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

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 68

Financial Information

Asking Price: $2,950,000
Gross Revenue: $4,569,609
Cash Flow: $711,696
FF&E: $500,000
Inventory: $10,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 18447 Square Footage: 10000 Building Type: Plaza Hotel Terms & Options: Negotiable Expiration Date: 3/1/2039

Competition:

Non Compete : Miles: 5 Years: 5

Reason for selling:

Other Interest

Support & Training:

Seller willing to train fro 4 weeks at no cost

Contact Business Seller

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Business Listed By:

John Devris

Transworld Business Brokers