For Sale
$475,000

Over $100 000 Miami Beach, FL 33141

Established pizzeria, high cash flow, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
136
This thriving New York-style pizzeria in Miami Beach, Florida presents a remarkable investment opportunity. Boasting a prime location and a loyal customer base of both locals and tourists, this established business generates over $100,000 in annual cash flow from a gross revenue of $650,000. The 1,200 square foot space is fully equipped with a state-of-the-art pizza oven, ample refrigeration, and all necessary kitchen equipment including a hood system, grease trap, and three-compartment sink. The sale includes a comprehensive inventory of small wares, shelving, tables, chairs, flatware, and a POS system. The current lease, significantly below market rate at $6,000 per month, extends until February 28, 2036, providing long-term stability. The current owner, relocating, will provide two weeks of support for a seamless transition. The business has four employees and has been operating successfully for three years. Seller financing is available. This is an asset sale, not a franchise. The business is ready for a new owner to capitalize on its success and benefit from upcoming large-scale development plans in the area, promising increased foot traffic and potential for further growth. Indoor seating accommodates 25 guests. The sale does not include inventory.

Highlights

  • Established, profitable Miami Beach pizzeria generating over $100,000 annual cash flow.
  • Asset sale; not a franchise.
  • $650,000 gross annual revenue.
  • $110,000 annual cash flow.
  • Fully equipped with pizza oven, refrigeration, and other restaurant equipment; seats 25.
  • Seller providing two weeks of operational support.

Property Details for 0 Over $100 000

Property type
Retail properties, Restaurants
Square Feet
1,200 SF

Location Insight

City
Miami Beach
County
Dade
State
Florida
Latitude
25.8563113
Longitude
-80.1212541

FAQs

What type of property is this?
Retail property - Established pizzeria, high cash flow, prime location.
Where is the retail property located?
The property is located at Over $100 000 Miami Beach, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Established, profitable Miami Beach pizzeria generating over $100,000 annual cash flow.; Asset sale; not a franchise.; $650,000 gross annual revenue.
How can I contact the broker?
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0 Over $100 000
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