Pizzette
$345,000
1223 Lincoln Rd, Miami Beach, FL 33139
62,868
NOI
1925
Year Built
Details:
Highlights:
- Lot Features: Anchored Center, City Location
- Documents Available: Appraisal, Books & Records, Equipment Inventory, Financial Statement, Copy Of Lease(S)
- Cooling: Central Building A/C
- Heating: Central Electric
- Electric: 110 Volts Power, 220 Volts
- Flooring: Ceramic Floor
- Construction Materials: Frame
- Parking Features: Common
- Security Features: Smoke Alarm, Smoke Detector(s)
- Insurance Expense: 15113
- Ownership: Corporation
Description:
Directly on Lincoln Rd, one of the best locations in the heart of South Beach! With the most affordable rent of Lincoln Rd and with well over a million dollars in gross revenues, this restaurant is a gem! Absentee Owner is affecting the net profit. As with all small businesses, some direct management would surely improve the Gross-to-Net ratio. Incredible location & restaurant. Pizzette has an impeccable reputation and is always busy. Perfect for an investor/manager who wants an established successful business, where he only has to run a professional administration. VERY RARE OPPORTUNITY TO OWN A FULLY REMODELED AND WELL ESTABLISHED SUCCESSFUL RESTAURANT IN MIAMI BEACH - Price is Firm!
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