Waterfront Italian Restaurant / Bar

Price: $9,500,000

Location: Miami-Dade County

Industry: Restaurant and Food

Listing ID: 42734621

Listing Status: New

Description

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.

LISTING DETAILS

Down Payment: $9,500,000

Total Sales: $9,234,552

Cash Flow: $4,310,384

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

Operation

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

Location

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

Summary

Reason For Sale:

Other business interest

Training & Support:

Seller provides training for 2 weeks at no cost.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER