Restaurants — South Beach, Miami-Dade, Florida, USA - Business for Sale
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Restaurant with Indoor & Outdoor Seating in South Beach, FL
South Beach, FL, US
Added 1 day ago
Restaurant / Food & Beverage
13 years in business
Restaurant serving American and European cuisine with indoor and outdoor seating located in South Beach, Miami-Dade, Florida, operating since 2011 and currently open for breakfast and lunch only.
Key Information
Asking
$500K
Revenue
$957K
Earnings
$124K
Multiple
4.0x
Key Highlights
- Business established in 2011 (13 years in operation as of listing date)
- Located on a prime corner in South Beach, Miami-Dade, FL, one block from the beach
- 38 seats inside and 38 seats outside (total 76 seats)
- Lease in place until 2027 with a 5-year renewal option; rent is $19,834 per month
- Additional office/storage leased for $1,700 per month
- Approximately 14 employees on W2
- Currently open only for breakfast and lunch
- Serves simple American/European fare
Contact Info
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