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
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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
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Accounts Receivable: $0
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Real Estate: $0
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Inventory: $5,400
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Furniture, Fixtures & Equipment (FF&E): $950,000
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Leasehold Improvements: $1,600,000
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Total Assets: $2,555,400
Investment Highlights
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Prime Ocean Drive location in Miami Beach
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5,500 sq. ft., 120-seat turnkey venue
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Operates as both restaurant and event space
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Significant growth potential: $5–6 million in annual revenue achievable
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Loyal existing clientele with opportunities to expand
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Long-term lease with favorable terms included
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Ideal for investors or owner-operators seeking a high-profile, turnkey business
Listed By: John Bucher
Price and terms
Price:
$2,500,000




