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Iconic Ocean Drive Restaurant – 39 Years in Operation
Listing Number: BBF-1235-05162
* May Qualify For Visa *
Category: Restaurants
SIC: 5812
Detail: American Restaurant
Asking Price: $1,500,000
Down Payment: $1,500,000
Discretionary Earnings: $511,724
Gross Revenue: $3,153,838
Location: Ocean Drive, Miami-Dade County
State: Florida
Country: USA
Iconic Ocean Drive Restaurant – 39 Years in Operation
Turnkey | Full Liquor License | Prime Tourist Location
Rare opportunity to acquire a well-established American restaurant located on Ocean Drive, the third most visited destination in the State of Florida. This iconic restaurant has been operating successfully for 39 years, benefiting from unparalleled foot traffic, strong brand recognition, and consistent revenue.
The restaurant features approximately 120 seats, a desirable outdoor terrace, and a full liquor license, making it ideally positioned to capture both daytime and evening traffic from tourists and locals alike. The brand, name, and concept will remain intact, allowing a new owner to step into a proven and recognizable operation.
This is a turnkey business, ideal for an experienced operator or investor seeking a flagship restaurant asset in one of the most sought-after hospitality corridors in the country. The current owners are selling to pursue a different business venture.
Personal Financial Statement and NDA required prior to release of additional information.
Oportunidad Única – Restaurante Icónico en Ocean Drive (Español)
Restaurante estadounidense ubicado en Ocean Drive, el tercer lugar más visitado del estado de Florida. Cuenta con 120 asientos, terraza, y licencia completa de licor.
Esta marca icónica ha operado con éxito durante 39 años. Los propietarios desean cambiar a otro tipo de negocio.
La marca y el concepto permanecen, ofreciendo una operación llave en mano en una de las ubicaciones más exclusivas del país.
Se requiere estado financiero personal y acuerdo de confidencialidad (NDA) para mayor información.
Business Highlights
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Prime Ocean Drive location with massive foot traffic
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39 years of continuous operation
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Iconic, well-known brand and concept
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Full liquor license included
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Indoor seating and terrace (120 seats total)
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Turnkey operation
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Strong financial performance
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May qualify for certain U.S. visa options
Business Details
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Relocatable: No
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Home-Based: No
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Franchise: No
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Lender Pre-Qualified: No
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May Qualify for Visa: Yes
Assets Included in Sale
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Inventory: $3,500 (Included)
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Furniture, Fixtures & Equipment: $550,000 (Included)
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Leasehold Improvements: $1,000,000 (Included)
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Total Assets: $1,553,500
Listed By: John Bucher
Finance
Sales:
$3,153,838
Price and terms
Price:
$1,500,000




