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Miami Beach Ocean Drive 120-Seat Specialty Restaurant & Event Venue – $2.5M


Listing Number: BBF-1235-05163 May Qualify For Visa

Category: Restaurants  SIC: 5812
Detail: Specialty Restaurant
Price: $2,500,000  Down Payment: $2,500,000
County: Miami-Dade  State/Prov.: Florida  Country: USA
Sales: N/A


Business Overview

Discover this remarkable 120-seat, 5,500-square-foot venue, perfectly located on Ocean Drive, Miami Beach, Florida, the third most visited location in the state. Currently operating as a restaurant and premier event space, it hosts a wide range of parties and events.

The venue enjoys a loyal client base, but with the right marketing strategy, the growth potential is enormous. With minimal overhead, this business could generate $5–6 million annually.

This is a rare opportunity for the right buyer to acquire a unique property in a thriving location. The venue combines a prime spot, unbeatable lease terms, and significant earning potential.

PFS and NDA are mandatory.


Business Details

  • Relocatable: No

  • Home Based: No

  • Franchise: No

  • Lender Pre-Qualified: No

  • May Qualify For Visa: Yes


Asset Breakdown

Asset Type Value ($) Included?
Accounts Receivable 0 No
Inventory 5,400 Yes
Furniture, Fixtures & Equipment (F F & E) 950,000 Yes
Leasehold Improvements 1,600,000 Yes
Real Estate 0 No
Total Assets 2,555,400 Yes


Listed By: John Bucher

Price and terms

Price:

$2,500,000