Profitable Italian Restaurant for Sale in North Miami Beach
Business Description
Profitable Italian Restaurant – North Miami Beach, FL
May Qualify for E-2 Visa
Asking Price: $250,000?|?Down Payment: $250,000?|?Discretionary Earnings: $231,005
Gross Revenue: $659,582?|?FF&E: $110,500?|?Leasehold Improvements: $104,000?|?Established: 9 Years
Business Overview
Take advantage of this profitable, semi-absentee Italian restaurant located in North Miami Beach, delivering over $659K in annual sales and $231K in owner benefit for 2024.
Established for more than nine years under the same ownership, this charming, upscale concept is well-known for its authentic Italian cuisine, consistent quality, and loyal clientele. The restaurant occupies 900 sq. ft. with both indoor and outdoor seating (25 inside and 14 outside) and features a fully equipped commercial kitchen including an 8-foot hood, fryer, six-eye burner with oven, and more.
Operating efficiently with a chef and seasoned team in place, the owner currently works about 20 hours per week. The rent is an exceptionally low $5,500/month, less than 10% of gross sales—well below industry standards.
All fixtures, furnishings, and equipment are included in the sale, along with a 2COP beer and wine license, making this a turnkey opportunity ideal for a hands-on operator or investor seeking strong cash flow and visa eligibility.
Key Details
Location: North Miami Beach, FL
Years Established: 9?|?Years Owned: 9
Employees: 4 Full-Time, 2 Part-Time
Owner Hours: 20 per week
Training: 1 week (included)
Non-Compete: 3 miles / 3 years
Operating Hours: 4 PM–10 PM (expandable to lunch service)
Lease: $5,500/month?|?Strip Plaza?|?Expires Dec 2025 (renewable)
Reason for Sale: Other business interests
Relocatable: No?|?Home-Based:** No?|?Franchise:** No
Financial Summary (2024)
Metric Amount (USD)
Gross Revenue $659,582
Cost of Goods $147,179
Gross Profit $512,403
Total Expenses $334,224
Net Income $178,179
Discretionary Earnings (SDE) $231,005
Highlights
Semi-absentee ownership with trained staff and chef
Rent under 10% of gross sales – rare for Miami market
9 years of strong reputation and repeat customers
Turnkey operation with full FF&E and 2COP license
Expand hours or add lunch to increase revenue
Excellent E-2 visa opportunity with verified cash flow
May Qualify for E-2 Visa
Asking Price: $250,000?|?Down Payment: $250,000?|?Discretionary Earnings: $231,005
Gross Revenue: $659,582?|?FF&E: $110,500?|?Leasehold Improvements: $104,000?|?Established: 9 Years
Business Overview
Take advantage of this profitable, semi-absentee Italian restaurant located in North Miami Beach, delivering over $659K in annual sales and $231K in owner benefit for 2024.
Established for more than nine years under the same ownership, this charming, upscale concept is well-known for its authentic Italian cuisine, consistent quality, and loyal clientele. The restaurant occupies 900 sq. ft. with both indoor and outdoor seating (25 inside and 14 outside) and features a fully equipped commercial kitchen including an 8-foot hood, fryer, six-eye burner with oven, and more.
Operating efficiently with a chef and seasoned team in place, the owner currently works about 20 hours per week. The rent is an exceptionally low $5,500/month, less than 10% of gross sales—well below industry standards.
All fixtures, furnishings, and equipment are included in the sale, along with a 2COP beer and wine license, making this a turnkey opportunity ideal for a hands-on operator or investor seeking strong cash flow and visa eligibility.
Key Details
Location: North Miami Beach, FL
Years Established: 9?|?Years Owned: 9
Employees: 4 Full-Time, 2 Part-Time
Owner Hours: 20 per week
Training: 1 week (included)
Non-Compete: 3 miles / 3 years
Operating Hours: 4 PM–10 PM (expandable to lunch service)
Lease: $5,500/month?|?Strip Plaza?|?Expires Dec 2025 (renewable)
Reason for Sale: Other business interests
Relocatable: No?|?Home-Based:** No?|?Franchise:** No
Financial Summary (2024)
Metric Amount (USD)
Gross Revenue $659,582
Cost of Goods $147,179
Gross Profit $512,403
Total Expenses $334,224
Net Income $178,179
Discretionary Earnings (SDE) $231,005
Highlights
Semi-absentee ownership with trained staff and chef
Rent under 10% of gross sales – rare for Miami market
9 years of strong reputation and repeat customers
Turnkey operation with full FF&E and 2COP license
Expand hours or add lunch to increase revenue
Excellent E-2 visa opportunity with verified cash flow
Listing Info
- ID
- 2439966
- Listing Views
Listing ID: 2439966 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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