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- RE: Iconic Ocean Drive Restaurant For Sale, Turnkey Opportunity!
- Contact: Jose Torres
Quick Facts
Asking Price: | $1,700,000 | |
Annual Revenue: | $4,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1 | |
Employees: | 27 | |
BBN Listing #: | 989047 | |
Broker Reference #: | 23661 |
Business Overview:
Once in a lifetime opportunity to own a Restaurant for Sale on Iconic Ocean Drive. It is a rare turn key opportunity to own a restaurant in Miami's most vibrant and high traffic area - it is a Lifestyle Destination Place. Do not miss this opportunity!Turn your dream of owning a legendary South Beach restaurant into reality. This stunning, newly renovated Restaurant for Sale is located within one of the most restigious hotels on iconic Ocean Drive, placing you right at the heart of Miami's most visited area. The Restaurant for Sale, offered by We Sell Restaurants, has been updated with impecable taste and top of the linefeatures, offering a sophisticated yet inviting atmoshpere. It operates from morning until late night, serving breakfast, lunch, dinner, and holds a full liquor license that allows to entertain guests until 2 AM.A standout feature is its unique outdoor terrace, perfectly positioned along Ocean Drive, where customers can enjoy the lively South Beach energy and breathtaking views of the ocean. Inside, the stylish bar offers the ideal settng for happy hoursand gatherings with friends, while the themed nighlife bar creates a fun and lively space for after-hour parties. This lease is favorable, it is below market price and it is valid through 2035. We Sell Restaurants will assist in navigating the lease terms, ensuring a smooth transition so you can start operating quickly. It has a full kitchen, and brand new grease trap and infrastructure to accomodate up to 300 guests. This is a turnkey opportunity for someone ready to make a bold statement in Miami's hospitality scene. This is more than just a restaurant, it is a lifestyle destination. Do not miss your chance to own an exclusive venue in one of the world's most iconic locations. Whether you're expanding your restaurant portfolio or venturing into ownership for the first time, this is a great opportunity.Don't let this opportunity slip away! Contact the Restaurant Brokers today to find out more about this iconic venue. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Full Kitchen and BarHoodIn ground grease trap2 ? 6 burner stovesGrill3 compartment sinkHobart Dough MixerWood pizza ovenBlenderSmall waresMiscellaneous shelvingScalePasta cookerConvention ovenMeat slicerWalk in coolerGlass door reach in cooler2 reach in freezerUnder counter coolerOther refrigerationIce machineSandwich prep coolersPizza cooler28 tables65 chairsFlatwareService wareBlendersSound systemBar glasswareBar stoolsPOS system toastSecurity system camerasCopy machineFlat screen tvHigh chairsMarket Competition and Expansion:
Great location. Iconic Restaurant in Hotel. Caters all 3-day parts, plus license for extended hours for bar. Recently updated.Grease trap updated.Fully equipped kitchen.Reason for Selling:
PersonalAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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