Unqiue Opportunity & Turn Key Waterfront Restaurant & Terrace

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Asking Price:
$650,000

Gross Revenue:
$285,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$30,000
included in asking price

FF&E:
$150,000
included in asking price

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Business Description

Unique waterfront location
5005 Sq F inside A/C area
1300 Sq F outside
200 linear feet Water view Terrace area
5 year Lease with Renew Option - $1605.00 GROSS Lease payments
Full Liquor License 4COP (SFS)
20 assigned street parking plus residential valet $3.00
Furniture, Fixtures and Equipment
150 seats inside & outdoor (max capacity 210)
Sound Music System inside & outdoors
Cameras Surveillance Equipment
Stage & DJ mixing equipment & Speakers
Full Wine & Liquor Inventory

About the Business

Year Established:
2018
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
5,005
Lease Rate/Sq. Ft./Mo.:
$1,500.00
Lease Expiration:
12/31/2022
Facilities:
WATERFRONT PATIO
dining room
kitchen
bathrooms
lobby admin
outside patio
Website:
www.agemforsale.com/
Market Outlook/
Competition:
NO COMPETITION 6 MONTH OPENED - NEW BUSINESS N OLD RESTAURANT LOCATION
SUNNY ISELS - Collins Ave - North Miami Beach LOCATION
WATERFRONT
Rent $1500 per a month (Rent Value $15,000-$18,000)
Full Liquor License
Uber Eats
Open Table
Pre-selling Halloween Party, Thanksgiving Party, Christmas, New Year
Turn key - Equipment, fully licensed, fully remodeled, all impact use and operating fees and licenses are paid & updated
* READY to MAKE MONEY BUSINESS
* New Restaurant - in 1200 resident community
* $4100 Fixed expenses

*Banquets, Weddings, Private party accommodation
*widest waterfront Terrace (water and greens)
This Business qualifies for EB direct, E2 Visa, L1 visa, EB13 - visa immigration status in USA, All depends on Investor and his ability to qualify. (Attorney consultation s a MUST for Investor seeking status, referral will be granted)
Growth & Expansion:
READY BUSINESS FOR RESTAURANT EXPIRIENCE OPERATOR
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About the Sale

Reason For Selling:
Owner/Manager moving to another state
Training/Support:
30-180 days support and traning
Seller Financing:
50% sale price at 5% for 24 month

Listing Info

ID:
1556294
Ad Detail Views:
522

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$
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Business Listed by

Elena Grady

Briont Realty Inc
License# BK3124028

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U.S. Census Data for Miami-Dade County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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