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Established Restaurant off Main Boulevard in North Miami Near Aventura

Miami, FL
Interior Dining Area
Asking Price:$725,000
FF&E:$292,013
Rent:$6,686/Month
Established Year:2022
Listing ID: 2257064Listing provided by BizBuySell
BUSINESS DESCRIPTION

North Miami / Aventura Restaurant Business Opportunity!!!

Fully operational and built out restaurant in North Dade County. This long term lease opportunity entails 1,824 Sq.Ft. and sits +/- 64 patrons inside with additional seating for 10 outside. This family-owned restaurant provides for an authentic and very unique dining experience where the customer feels that they are in Rome, Italy. All of the improvements are like new as the venue has only been opened for two years. Located in one of the busiest Boulevards in North Miami Dade and surrounded by many offices and retail businesses that fuel the lunch time stream of business. Additionally, the restaurant is nestled within a number of high-end residential communities and numerous condo high rises. Prospect must execute a confidentiality agreement before the location is disclosed along with additional offering package which includes all of the financial information.

ATTACHED DOCUMENTS
RestaurantOpport.Flyer.pdf.pdf Download
DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,824
Lease Expiration
31/10/2027
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All furniture, fixtures and equipment are included in the sale. The Owners operate the restaurant/family.
Competition
The immediate market area where the restaurant is located is doing extremely well in terms of occupancy and is located off a very busy main boulevard running North to South. Additionally, the residential community is very strong and continues to grow as a result of new condo high rises being built to accomodate the demand.
Growth & Expansion
The projected growth for the submarket where the restaurant is located is excellent and expected to maintain a positive growth pattern and increased disposable household income.
Financing
All Cash, the lease includes 3/5yr. options
Support & Training
The main chef is willing to stay for a negotiated period of time.
Reason for Selling
Confidential
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Rolando Alvarez
Phone Number
Rolando Alvarez
Call Phone