Coconut Grove restaurant for sale 40+ years of success
Business Description
TURNKEY ITALIAN RESTAURANT - 44 YEARS OF SUCCESS IN COCONUT GROVE
This well-established Italian restaurant represents a rare opportunity to acquire a proven culinary brand with over four decades of continuous operation in Miami's prestigious Coconut Grove district. Founded in 1973, this turnkey operation has built an enviable reputation and loyal customer following through consistent quality and service.
BUSINESS OVERVIEW:
- Established: 1973 (44+ years of operation)
- Location: Coconut Grove, Miami-Dade County, FL
- Size: 1,200 square feet
- Current Operation: Absentee owner-managed
- Asking Price: $525,000
OPERATIONAL ADVANTAGES:
- Simple, proven processes refined over decades
- Strong local following in sought-after Coconut Grove location
- Turnkey operation ready for immediate takeover
- Streamlined systems suitable for absentee ownership
- Prime location in one of Miami's most desirable restaurant districts
LEASE DETAILS:
- Monthly Rent: $5,300
- Lease Term: Expires June 28, 2032
- Secure long-term occupancy in a premium location
GROWTH POTENTIAL:
- 44-year track record demonstrates market resilience
- Established brand recognition provides an expansion foundation
- Prime Coconut Grove location offers significant growth opportunities
- Proven concept ready for enhancement and scaling
OWNER SUPPORT:
- Current owner retiring after decades of successful operation
- Comprehensive recipe sharing included
- Three months of advisory support post-closing
- Smooth transition guaranteed with experienced guidance
This represents an exceptional opportunity to acquire a legacy Italian restaurant brand in one of South Florida's most coveted dining destinations. The combination of established operations, prime location, and growth potential makes this an ideal investment for restaurateurs seeking a proven concept with significant upside potential.
Perfect for experienced restaurant operators or investors seeking a well-positioned hospitality asset in Miami's thriving culinary scene.
This well-established Italian restaurant represents a rare opportunity to acquire a proven culinary brand with over four decades of continuous operation in Miami's prestigious Coconut Grove district. Founded in 1973, this turnkey operation has built an enviable reputation and loyal customer following through consistent quality and service.
BUSINESS OVERVIEW:
- Established: 1973 (44+ years of operation)
- Location: Coconut Grove, Miami-Dade County, FL
- Size: 1,200 square feet
- Current Operation: Absentee owner-managed
- Asking Price: $525,000
OPERATIONAL ADVANTAGES:
- Simple, proven processes refined over decades
- Strong local following in sought-after Coconut Grove location
- Turnkey operation ready for immediate takeover
- Streamlined systems suitable for absentee ownership
- Prime location in one of Miami's most desirable restaurant districts
LEASE DETAILS:
- Monthly Rent: $5,300
- Lease Term: Expires June 28, 2032
- Secure long-term occupancy in a premium location
GROWTH POTENTIAL:
- 44-year track record demonstrates market resilience
- Established brand recognition provides an expansion foundation
- Prime Coconut Grove location offers significant growth opportunities
- Proven concept ready for enhancement and scaling
OWNER SUPPORT:
- Current owner retiring after decades of successful operation
- Comprehensive recipe sharing included
- Three months of advisory support post-closing
- Smooth transition guaranteed with experienced guidance
This represents an exceptional opportunity to acquire a legacy Italian restaurant brand in one of South Florida's most coveted dining destinations. The combination of established operations, prime location, and growth potential makes this an ideal investment for restaurateurs seeking a proven concept with significant upside potential.
Perfect for experienced restaurant operators or investors seeking a well-positioned hospitality asset in Miami's thriving culinary scene.
About the Business
- Years in Operation
- 53
- Employees
- 5 (2 Full-time, 3 Part-time)
- Facilities & Assets
- Full restaurant build-out and inventory
- Market Outlook / Competition
- Located in Coconut Grove, the most sought-after areas to open a restaurant.
- Opportunities for Growth
- Can grow the brand easily, has a 44-year track record
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $5,300.00 per month
- Lease Expiration
- 6/28/2032
About the Sale
- Seller Motivation
- RETIREMENT
- Transition Support
- Will share recipes and stay on board advising for 3 months
Listing Info
- ID
- 2511724
- Listing Views
- 5
Listing ID: 2511724 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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