Ocean Drive Restaurant / Bar for Sale
Asking Price: | $1,500,000 |
EBITDA: | $350,000 |
Cash Flow: | $700,000 |
Established Year: | 2016 |
**Confidential Listing: Exclusive Bar/Restaurant on Ocean Drive, Miami Beach, FL**
Seize the rare opportunity to own a prestigious bar and restaurant situated on the iconic Ocean Drive in Miami Beach, Florida. This prime location is at the heart of Miami Beach's famed nightlife and dining scene, offering stunning views of the Atlantic and a constant influx of tourists and locals. The establishment boasts robust revenue from both food and beverage sales, supported by a high foot traffic area and a loyal customer base. It comes as a turnkey operation with a fully equipped setup, a skilled team in place, and a stylish interior that includes a spacious dining area, an inviting bar, and outdoor seating that encapsulates Miami Beach's vibrant culture. Financials will be disclosed post NDA signing, highlighting strong annual revenue and profit margins. The current owner is offering support and training for a smooth transition but is selling due to other business interests. This confidential sale offers a unique chance to invest in a thriving business on one of the most sought-after streets in Florida.
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