Waterfront Italian Restaurant / Bar

Take advantage of this rare opportunity to own a piece of South Florida's rich dining heritage with this well-established, famous waterfront Italian restaurant supper club with 4COPSRX license. With a stellar 30-year history, this culinary gem has become a beloved icon in the region, drawing in locals and tourists alike to experience its enchanting atmosphere and delectable cuisine.

Key Features:

Prime Waterfront Location: Situated in South Florida's highest destination tourist location, this restaurant benefits from a stunning waterfront setting that captivates visitors and offers breathtaking views.

Thriving Tourism Hub: With over 25 million annual visitors flocking to this tourist haven, the restaurant enjoys a constant influx of potential customers, providing an excellent opportunity to tap into a diverse and international clientele.

Flagship Destination: Having become synonymous with fine dining and entertainment, this restaurant stands as the go-to choice for an unforgettable experience, making it a top priority for locals and a must-visit destination for tourists.

Supper club with 4COPSRX license: The business holds a coveted 4COPSRX license, allowing the restaurant to offer a full range of alcoholic beverages, enhancing its appeal and revenue potential and to be able to open till 5 AM.

Entertainment and Ambiance: Guests are treated to more than just a meal; live entertainment and a lively atmosphere add to the overall appeal and ensure unforgettable evenings.

Impressive Capacity: With seating for 250+ guests under air-conditioning, the restaurant can comfortably accommodate both large gatherings and intimate dining experiences.

Upside Potential: Despite its long-standing success, there is ample room for growth and increased profitability. Savvy investors could explore options like expanding marketing efforts, introducing new menu items, or hosting exclusive events.

This is a once-in-a-lifetime chance to take the reins of an iconic waterfront Italian restaurant that has stood the test of time. Whether you're an experienced restaurateur looking to expand your portfolio or an entrepreneur with a passion for hospitality, this business promises an exceptional return on investment.

Don't miss out on the chance to own a piece of South Florida's culinary history and make your mark in one of the most sought-after tourist destinations in the world. The future of this restaurant is as bright as the sun setting over the sparkling waters it calls home.

Contact us now to seize this golden opportunity and turn your dreams of restaurant ownership into a reality!

Confidential information memorandum will be shared with financially vetted and experienced potential buyers.
For more information, please submit NDA, personal financial statements/proof of funds and resume.

$5,000,000 SBA prequalified (monthly ~$68,875)
$2,000,000 Assumable EIDL loan, at 3.75% for 30 years (monthly ~$9,262)
$1,500,000 Seller Financing available at 8% for 30 months (monthly ~$55,332)
$1,000,000 down payment

Down Payment: $1,000,000

Total Sales: $8,417,947

Cash Flow: $3,682,468

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $250,000

FFE Included: Yes

Inventory: $50,000

Inventory Included: Yes

Year Established: 1992

Year of last Acquisition: 2006

Days & Hours of Operation: Sunday-Thursday 11-2 AM, Friday-Saturday 11-5 AM

Owner Hours Per Week: 40

Non-Owner Payroll: N/A

Employees: 50

Managers: 3

Absentee Owner: No

Security on Lease: Yes

Lease Option: Available

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $68,716

Type of Location: Mall/Waterfront

Square Footage: 4877+5000 patio

Franchise: No

Relocatable: No

Reason For Sale:

Other business interest

Training & Support:

Seller provides training for 2 weeks at no cost.

Financing/Terms:

$5,000,000 SBA prequalified
$2,000,000 Assumable EIDL loan, at 3.75% for 30 years.
$1,500,000 Seller Financing available at 8% for 30 months.
$1,000,000 down payment