For Sale
$1,100,000

Signature Miami Italian Restaurant For Sale Sales Over $2 Million. Miami Beach, FL 33140

Established Italian eatery, high sales, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
136
This thriving Italian restaurant in Miami Beach presents a remarkable investment opportunity. Boasting 3,788 square feet of space, the restaurant comfortably seats 90 guests indoors. The fully equipped kitchen features a wood-fired oven, two 6-burner stoves, a grill, ample refrigeration (including walk-in cooler and freezers), and all necessary equipment for preparing authentic Italian cuisine. The business includes a comprehensive inventory of furniture, fixtures, and equipment (FFE), including tables, chairs, flatware, barware, a POS system, and security cameras. The restaurant holds a full liquor license and offers an extensive wine list featuring over 300 labels. Established 19 years ago, this well-regarded establishment enjoys a strong clientele base and has consistently generated gross revenue exceeding $2,400,000. Located in an affluent Miami Beach neighborhood, the restaurant benefits from a 10-year lease expiring October 30, 2031, with a monthly rent of $30,000. The asking price is $1,100,000. This turnkey operation offers significant potential for growth, particularly through the addition of weekend brunch service. The current owner is selling for personal reasons. The restaurant employs 30 people. This is a rare opportunity to acquire a profitable, established restaurant in a highly desirable location.

Highlights

  • 10-Year Lease Term, expiring 10/30/2031.
  • $30,000 monthly rent.
  • 90-seat indoor capacity in a 3,788 square foot space.
  • Fully equipped kitchen with hood system, including wood-fired pizza oven.
  • Established Italian restaurant in prime Miami Beach location, generating over $2.4 million in annual sales.

Property Details for 0 Signature Miami Italian Restaurant For Sale Sales Over $2 Million.

Property type
Retail properties, Restaurants
Square Feet
3,788 SF

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.8176795
Longitude
-80.1372757

FAQs

What type of property is this?
Retail property - Established Italian eatery, high sales, prime location.
Where is the retail property located?
The property is located at Signature Miami Italian Restaurant For Sale Sales Over $2 Million. Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 10-Year Lease Term, expiring 10/30/2031.; $30,000 monthly rent.; 90-seat indoor capacity in a 3,788 square foot space.
How can I contact the broker?
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0 Signature Miami Italian Restaurant For Sale Sales Over $2 Million.
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