Ocean Drive Restaurant / Bar for Sale

Miami Beach, FL
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Asking Price:$1,500,000
EBITDA:$350,000
Cash Flow:$700,000
Established Year:2016
BUSINESS DESCRIPTION

**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.


DETAILED INFORMATION
Location
Miami Beach, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
8
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Darian
Rodriguez
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Darian Rodriguez