Printer



Active

Ocean Drive Specialty Restaurant & Event Venue


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

Asking Price: $2,500,000

Down Payment: $2,500,000
Location: Miami Beach, Miami-Dade County, Florida, USA
Category: Restaurants / Specialty Restaurant
SIC Code: 5812
Annual Sales: $0 (Currently operating, growth potential available)
Discretionary Earnings: $0


Business Overview

Discover this remarkable 5,500-square-foot, 120-seat venue located on the iconic Ocean Drive, Miami Beach, the third most visited location in Florida. This property currently operates as a restaurant and premier event space, hosting a wide variety of parties and events.

The venue has a loyal customer base, but with a strategic marketing plan, it has the potential to generate $5–6 million annually with minimal overhead. This is a rare opportunity to own a high-profile property in a thriving, high-traffic location with prime visibility and significant earning potential.

The sale includes furniture, fixtures & equipment, a well-maintained leasehold, and existing inventory. Proof of Funds (POF) and NDA required for detailed financials and further information.


Business Features

  • Relocatable: No

  • Home-Based: No

  • Franchise: No

  • Lender Pre-Qualified: No

  • May Qualify for Visa: Yes


Assets Included

  • Accounts Receivable: $0

  • Real Estate: $0

  • Inventory: $5,400

  • Furniture, Fixtures & Equipment (FF&E): $950,000

  • Leasehold Improvements: $1,600,000

  • Total Assets: $2,555,400


Investment Highlights

  • Prime Ocean Drive location in Miami Beach

  • 5,500 sq. ft., 120-seat turnkey venue

  • Operates as both restaurant and event space

  • Significant growth potential: $5–6 million in annual revenue achievable

  • Loyal existing clientele with opportunities to expand

  • Long-term lease with favorable terms included

  • Ideal for investors or owner-operators seeking a high-profile, turnkey business



Listed By: John Bucher

Price and terms

Price:

$2,500,000