Active
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




