Listing Number: BBF-1213-27316
May Qualify For Visa • Contract Pending / Accepting Backup Offers

Asking Price: $250,000
Down Payment: $250,000
Location: Miami-Dade County, Florida
Category: Restaurants
SIC Code: 5812
Detail: Italian Restaurant

Business Overview

This profitable Italian restaurant in North Miami Beach is a semi-absentee operation, generating over $659,000 in annual sales with an owner benefit of $231,000 in 2024. Established for over nine years under the same ownership, this upscale concept has built a loyal customer base and a strong local reputation.

The restaurant operates efficiently with a chef and experienced staff, allowing the owner to work only approximately 20 hours per week, making this a perfect opportunity for absentee or semi-absentee owners.

Facilities & Layout

• Size: 900 sq. ft.

• Seating: 25 indoor, 14 outdoor

• Kitchen: Fully equipped with 8-foot hood system, fryer, six-eye burner with oven, and more

• Licenses: Includes 2COP beer & wine license

• Rent: $5,500/month, less than 10% of gross sales

Financial Overview

• Annual Gross Sales: $659,582

• Owner Benefit / Discretionary Earnings: $231,005

• Asking Price: $250,000

Assets Included

• Inventory: $500 (Included)

• Furniture, Fixtures & Equipment: $110,500 (Included)

• Leasehold Improvements: $104,000 (Included)

• Accounts Receivable: $0

• Real Estate: Not included

Total Assets Included: $215,000

Additional Information

• Relocatable: No

• Home-Based: No

• Franchise: No

• Lender Pre-Qualified: No

• May Qualify for U.S. / E-2 Visa: Yes

Ideal Buyer

Perfect for:

• Semi-absentee owners seeking strong cash flow

• Investors looking for a profitable turnkey restaurant

• International buyers pursuing E-2 visa eligibility

• Restaurateurs interested in a well-established Italian concept in North Miami Beach