Well-Established Mediterranean Restaurant in Miami

Miami, FL
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Asking Price:$595,000
Gross Revenue:$1,553,247
FF&E:$70,000
Cash Flow:$215,475
Rent:$9,021
Established Year:2013
BUSINESS DESCRIPTION

Very successful and well-known restaurant with excellent reviews on social media. Offering an exceptional dining experience, also offer wines and beers with a strong emphasis on extraordinary service and guest experience. Recognized as one of the best restaurants in Miami, it is beloved by both the local community and visitors. The restaurant features regular live shows. It is situated in a bustling strip mall with high vehicular traffic, providing ample indoor and outdoor seating. Currently, holds a wine and beer license with the potential to obtain a full liquor SRX license. Up to 120 diners, both inside and outside. The restaurant has an excellent social media. The operation does not depend on the owner as it has a very well-trained and prepared staff. An owner-operator could increase profitability by $50,000, which is the current manager's salary. Excellent lease terms in place. This restaurant represents a unique opportunity for an owner-operator or investor looking to acquire a well-established, highly regarded business with significant growth potential. Proof of funds and signing a non-disclosure agreement (NDA) are required to obtain more information.


DETAILED INFORMATION
Location
Miami, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,800
Lease Expiration
31/10/2029
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
It is situated in a bustling strip mall with high vehicular traffic, providing ample indoor and outdoor seating. Currently, holds a wine and beer license with the potential to obtain a full liquor SRX license. Accommodates up to 120 diners, both inside and outside.
Competition
The restaurant has an excellent social media presence and a loyal customer base built over nearly 15 years. Very successful and well-known restaurant with excellent reviews on social media. The operation does not depend on the owner as it has a very well-trained and prepared staff. An owner-operator could increase profitability by $50,000, which is the current manager's salary.
Support & Training
2 weeks training at no cost.
Reason for Selling
Focus on other restaurants outside of Miami
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Jonathan
Remien
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Jonathan Remien