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Famous Italian Restaurant In Miami For Sale

Miami Dade, Florida, US
Asking Price:
$450,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,295,102 (USD)
Cash Flow:
$240,005 (USD)

Famous Italian Restaurant in Miami is offered for sale. Over 20 years in same location with same owner, now seller is ready to retire. Serving authentic Italian dishes with in-house made pasta, excellent service and great location. It is a turn-key operation for a chef or International buyer looking for a profitable restaurant with incomparable legacy. Great profits for a restaurant open only for dinner. A new owner could open for breakfast and lunch since there are many hotels in the neighborhood. Seating capacity 68, 2COP license. Please refer to listing, business broker Marcelo Jo when you inquiry about this listing.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 16500 Square Footage: 1950 Building Type: Retail
Terms & Options: 5 years Expiration Date: 5/1/2025

Leasehold Rent:

$16,500 (USD) per annum

Premises Details:

Lease/Month: 16500 Square Footage: 1950 Building Type: Retail
Terms & Options: 5 years Expiration Date: 5/1/2025

Business Operation

Competition / Market:

Non Compete : Miles: 3 Years: 2

Reasons for selling:

Retirement

Employees:
13
Years established:
1995

Other Information

Support & training:

For 3 weeks at no cost

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

Contact Transworld Business Brokers of South Florida

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