Listing Number: 2201-388565
Description
This Steakhouse Restaurant was established with the vision of bringing a high-quality, contemporary steakhouse experience to Miami-Dade, Florida area. Over the years, it has become one of the best spots known for its commitment to excellence in both food and service.
This strategically located restaurant and bar is situated in the vibrant heart of Miami-Dade. This versatile asset sale presents a rare opportunity to acquire a turnkey operation with the flexibility to adapt to any dining concept.
Key Features:
Comprehensive Business Sale: Includes a food and full alcohol business license (4COP), 350k equipment, fixtures, and furniture necessary for immediate operation.
High Gross Sales: Former Concept successfully generated over 3M in annual sales, demonstrating proven profitability and operational success.
Lease Terms: Favorable lease conditions with 5 years available left on the initial term, including one additional 5-year option, ensuring long-term stability.
Operational Advantages:
Utilities: Efficient management of operational costs.
Listing Details
- Price: $ 985,000
- Down Payment: $885,000
- Sellers Discretionary Earnings: $ 315,021
- Total Sales: $ 3,037,687
- Location: Miami-Dade County, Florida
- Inventory: $ 50,000
- FF&E: $ 350,000
- Employees: 14
- Year Established: 5
- Reason for Selling: Other Business Interests
- Category: Restaurants
