Money Making Restaurant off Lincoln Rd.

Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$3,500
Included in asking price
FF&E$450,000
Included in asking price
Real EstateNot Disclosed

One of a kindSave

Money Making Restaurant off Lincoln Rd.


Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$3,500
Included in asking price
FF&E$450,000
Included in asking price
Real EstateNot Disclosed

Business Description
ONLY STEPS FROM LINCOLN RD SITS THIS 2,000 SF ‘BRAND NEW’ CLASSIC RESTAURANT OPENED JUST A MONTH BEFORE COVID. THIS RESTAURANT IS A COMPLETE BUILD-OUT DESIGNED BY INTERNATIONAL CHEFS WHO HAVE DECIDED TO SELL IT. THE RENT OF $15,000 IS UNHEARD IN THIS LOCATION MAKING IT THE CHEAPEST RENT RESTAURANT IN THE LINCOLN RD ALLEY. BUT THE OWNER IS OFFERING 3 MONTHS FREE RENT TO THE NEW BUYER IT FEATURES AN OVAL-SHAPED ALL-WOOD BAR IN THE MIDDLE OF THE PLACE, A 2-COP LIQUOR LICENSE, [4-COP LIQUOR LICENSE OPTIONAL NOT INCLUDED] 70 SEATS INSIDE, 16 SEATS OUTSIDE, A SMALL KITCHEN, BIG OFFICE, BIG DRY STORAGE ROOM, AND ALL OPERATIONAL LICENSES ARE CURRENT.

A SOLO UNOS PASOS DE LINCOLN RD SE ENCUENTRA ESTE RESTAURANTE CLÁSICO 'NUEVO' DE 2,000 PIES CUADRADOS ABIERTO SOLO UN MES ANTES DE COVID. ESTE RESTAURANTE ES UNA CONSTRUCCIÓN COMPLETA DISEÑADA POR CHEFS INTERNACIONALES QUE HAN DECIDIDO VENDERLO. EL ALQUILER DE $ 15,000 QUE NO EXISTE EN ESTA UBICACIÓN, LO QUE LO CONVIERTE EN EL RESTAURANTE DE ALQUILER MÁS BARATO EN LINCOLN RD. EL DUEÑO OFRECE 3 MESES DE RENTA GRATIS. CUENTA CON UNA BARRA DE MADERA DE FORMA OVALADA EN EL CENTRO DEL LUGAR, LICENCIA DE LICOR DE 2 COP, [LICENCIA DE LICOR DE 4 COP OPCIONAL NO INCLUIDA] 70 ASIENTOS EN EL INTERIOR, 16 ASIENTOS EN EL EXTERIOR, COCINA PEQUEÑA, OFICINA GRANDE, GRAN SALA DE ALMACENAMIENTO EN SECO Y TODAS LAS LICENCIAS OPERATIVAS ESTÁN VIGENTES.
About the Business
Years in Operation
5
Employees
7
Facilities & Assets
Fairly small restaurant with great location and the lowest rent anywhere in South Beach
No food restrictions
Market Outlook / Competition
In Lincoln Rd, the traffic is so enormous that competition is irrelevant
Opportunities for Growth
Boost your sales by acquiring a liquor license
About the Sale
Seller Motivation
Moving
Transition Support
Training and support available
Listing Info
ID
2339115
Listing Views
491

Contact Seller

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Business Listed by: Bill Manrique Doral Business Brokers

Listing ID: 2339115 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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