0 Italian Restaurant For Sale. Great Area In BchMiami Beach, FL 33140
- Retail properties
- 1,865 SF
Property Details for 0 Italian Restaurant For Sale. Great Area In Bch
- Year built
- 2013
- Property size (Sq ft)
- 1,865 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This 1,865-square-foot Italian restaurant in Miami Beach, Florida (zip code 33140), presents a unique opportunity for a new owner. Built in 2013, the restaurant boasts a fully equipped kitchen including a six-burner stove, grill, pizza oven, Hobart dough mixer, walk-in cooler, reach-in freezer, and ample prep space. The current lease, expiring August 30, 2028, offers five years remaining with renewal options. Monthly rent, inclusive of CAM, taxes, and insurance, is $6,741. The restaurant has a seating capacity for 45 patrons and currently employs five full-time and three part-time staff. While the business is not currently profitable, it provides an owner's salary and benefits of $105,000. Previous sales were nearly $400,000. The restaurant features an in-ground grease trap and is situated in a high-traffic area of South Beach, offering excellent visibility and accessibility. The asking price is $250,000. Note that traditional SBA financing is unavailable, but unsecured lending options may be available for qualified buyers with a credit score of 680 or higher. This turnkey operation allows a new owner to bypass the lengthy start-up process, potentially opening within weeks.
Location Insight
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.8177
- Longitude
- -80.1373
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].