Italian Restaurant for Sale. Great Area in South Beach.

Sunset Island, FL
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Asking Price:$250,000
Gross Revenue:$379,881
Established Year:2013
Cash Flow:$105,000
Rent:$6,741/Month
BUSINESS DESCRIPTION

Ready to Sell. Great Opportunity to own your own Italian Restaurant in South Beach. Purchase this turn-key Italian Restaurant for Sale in Miami Beach today, and be in business for yourself by next month! You'll have everything you need for success with this fully outfitted kitchen with all equipment in place! Great lease terms, you will not find such a great place for this price. It can take up to 6 months or longer for a new restaurant owner to open the doors. The time spent waiting on equipment, space and other necessities means that many are left with an empty wallet or less than ideal conditions when they start out- thus putting them at risk for failure before even getting started! When you purchase this Italian Restaurant for Sale you skip the wait, and are in business for yourself in a matter of weeks! This opportunity has a few key items that make it such a great choice. Miami Beach is a great place for launching your new business. This 1865 square foot Italian Restaurant for Sale has a monthly rent including CAMS, Taxes, and Insurance of just $6,741. The lease has a term of 5 years with options to renew. We Sell Restaurants can help you navigate the leasing process. This is a perfect location for your restaurant. You can't beat the visibility and accessibility!This restaurant is currently not showing a profit, but it has owner's salary and benefits. So a new owner needs to be found who will turn this place around before somebody else does! Sales at this store were almost $400,000. The location, equipment and potential are there. This Italian Restaurant for Sale is just waiting on a new owner to bring it to its potential. At this price, you won't want to miss out on this Italian Restaurant for Sale. Traditional SBA financing is not available on this purchase however, with a credit score of 680 or above you might qualify for an unsecured lending option from some of our lending partners.
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DETAILED INFORMATION
Location
Sunset Island, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,865
Lease Expiration
31/08/2028
Employees
8
Facilities
Hood Grease trap - In ground Fryer 6 burner stove Grill 3 Compartment sink Microwave Hobart Dough Mixer Other Dough Mixer Pizza Oven Blender Smallwares Prep Tables Scale Espresso Machine Pasta Cooker Convention Oven Meat Slicer Walk in Cooler Reach in Freezer Under Counter Cooler Ice machine Freezer chest
Competition
Established Business with local clientele. High traffic area. Residential area in South Beach with high income. Fine Italian Food. Great lease in place.
Growth & Expansion
Opportunity to turn around business and increase sales.
Support & Training
2 weeks
Reason for Selling
Personal
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Tania
Peck
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Tania Peck