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BUSINESS FOR SALE - PROFILE #  BBF-125205059

Restaurants|American Restaurant
SOBE
Asking Price: $900,000   Down Payment: $900,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary

RESTAURANT LOCATED IN THE BEST OF THE BEST OF SOUTH BEACH [MIAMI BEACH] NORTH OF 5th AVENUE, FEATURING A NICE DINING ROOM, TERRACE AND SIDEWALK TABLES WITH UMBRELLAS, 4-COP SRX LIQUOR LICENSE IN PLACE, FULL KITCHEN, BAR AND ALL THE AMENITIES A RESTAURANT CAN HAVE. RENT INCLUDES SALES TAX, PROPERTY TAX, COMMON EXPENSES, BUILDING MAINTENANCE, FPL, CABLE, WATER, GARBAGE REMOVAL. TERRACE AND SIDEWALK NOT INCLUDED IN THE RENTING SPACE. THE CITY OF MB HAS AWARDED 30 MORE SEATS ON OCEAN DRIVE.  OCEAN DR WILL BE FOREVER CLOSED TO AUTOMOBILES.  TURN-KEY OPERATION. BUYER MUST PROVIDE PERSONAL FINANCIALS IN ORDER TO QUALIFY. NDA REQUIRED BEFORE DISCLOSING CONFIDENTIAL INFORMATION.

Acquisition Highlights

  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1991 Inventory: $10,000 Included
Employees: 25 FT, 1 Mgrs Furniture, Fixtures & Equipment: $350,000 Included
Lease/Rent: $21,220 Real Estate:
Building Sq Ft: 2600
    Total Assets Included in Sale: $960,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Bill Manrique
Phone:  (786) 290-9912
Other:  (786) 290-9912
E-mail:  Bill@business4investing.com 		Miami Business Brokers
2786 NW 79th Avenue
Doral, FL 33122
The above company and/or agent is a licensed real estate broker/and or a business broker.
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