Established and Thriving Sea Food Restaurant and Full Liquor Bar

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Amazing opportunity to own established and thriving seafood restaurant and 2 bar
Asking Price:
$179,900

Gross Revenue:
$1,100,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$200,000
included in asking price

FF&E:
$200,000
included in asking price

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Business Description

Amazing opportunity to own established and thriving seafood restaurant and 2 bars in North Miami Beach, Aventura area. Over 40 years in business with 90 seats indoor and over 200 capacity outdoor area. Interior bar and 1 outside bar with complete liquor license available. Bar service, all equipment, inventory, licenses included in sale. Great for investor looking for E2 Investment Visa.

About the Business

Year Established:
1977
Number of Employees:
12
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,000
Lease Amount/Mo.:
$8,000.00
Lease Expiration:
7/18/2021
Facilities:
90 seat indoor and well over 200 capacity outdoor area. Includes 1 inside bar and 1 outside bar with complete liquor license available. Restaurant equipment, fixtures, walk in coolers, walk in freezers, tables, chairs, supplies, licenses, ample parking,
Market Outlook/
Competition:
Established for over 40 years with a very solid reputation and loyal clientele. Prime North Miami Beach, Aventura location with high visibility .
Growth & Expansion:
Can be opened for lunch and brunch as well to increase gross sales.
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About the Sale

Reason For Selling:
Major Price Reduction .. Owner Relocating
Training/Support:
Owner and chef willing to stay on for support and training. Employees willing to stay continue employment
Seller Financing:
8 year option to renew lease

Listing Info

ID:
1439562
Ad Detail Views:
1181

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Business Listed by

Susie Raduenz

Miami Connections Realty
License# 0592897

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