000 COLLINS Miami Beach, FL 33139

FOR SALE - Active
$690,000
$1,200,000 (42.5%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Business Opportunity
  • Built: No info
  • HOA: No info
  • MLS Number: A11576249
  • View No info
  • On Site: 218 days
  • Updated: Listing Refreshed: 25 Days Ago

Possibly one of the best restaurants deals in all Miami. Extremely profitable business established since 2011. Located on a prime corner location in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats inside+ 38 seats outside. Restaurant produces over $1.7M in 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 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, very easily verifiable. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy a real money maker just before the season.

Price History

DateEventPriceChange RatePrice Per
11/04/2024Price Reduced$690,000.008.0%N/A
10/29/2024Price Reduced$750,000.005.1%N/A
07/08/2024Price Reduced$790,000.0034.2%N/A
05/20/2024Listed$1,200,000.00N/A

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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