Location: Miami-Dade County
Industry: Restaurant and Food
Listing ID: 42734621
Listing Status: New
Famous 30 year old well established well-known waterfront restaurant supper club with 4COPSRX license.
Located in South Florida highest destination tourist location drawing over 25 million annual visitors with strong international clientele
Known for the flagship location, entertainment and great atmosphere. Full liquor bar, live entertainment, and seating for 250+ under air. Has tremendous upside potential for increased bottom line.
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.
Down Payment: $9,500,000
Total Sales: $9,234,552
Cash Flow: $4,310,384
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE Included: Yes
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
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
Reason For Sale: Other business interest
Other business interest
Training & Support: Seller provides training for 2 weeks at no cost.
Seller provides training for 2 weeks at no cost.