000 Collins

Highlights:

• Lot Features: City Location, Corner Lot
• Documents Available: Books & Records, Copy Of Lease(S), Owner Managed
• Cooling: Central Individual A/C
• Heating: Central Individual A/C
• Electric: 110 Volts Power, Other Electric
• Construction Materials: CBS Construction
• Parking Features: On Street
• Security Features: Fire Sprinkler System
• Insurance Expense: 0
• Ownership: Limited Partnership

Description:

Exceptional opportunity to acquire a high grossing, extremely profitable 2000sqft restaurant established since 2011. Located on a prime corner. in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats in+ 38 seats out. Restaurant produced over $1.7M in gross sales with no advertising. High traffic area surrounded by many hotels. Good lease in place. Rent $19,834 per month. Seller is leasing a small office/storage in the building for an additional $1700 a month. Business is well structured around approx. 14 employees on W2. May qualify for an E2 visa. Owner's benefit over $440,000 in 2023 . Gross Sales 2024 approx $1.6M. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy an exceptional location real money maker.