000 COLLINS ,Restaurant for Sale & Lease

000 COLLINS for Sale & Lease

Price $600,000.00

• Lot size 0
• Year Build
• Waterfront
• Zip 33139
• Style
• Parking Description On Street
• Pool Yes
• Status Active

Description

Exceptional opportunity to acquire a high grossing, extremely profitable 2000sqft restaurant established since 2011. Located on a prime corner. in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats in+ 38 seats out. Restaurant produced over $1.7M in gross 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/storage in the building 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 . Gross Sales 2024 approx $1.6M. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy an exceptional location real money maker.

NDA and POF required prior to disclose any additional info. Bring your serious buyers, they won't be disappointed. No nonsense Financials. Reason for sale: Seller invested in a famous local franchise on which he wants to focus. He's already having one location under construction in Sunny Isles and he's looking to open more units this year.

City Location, Corner Lot

Exceptional opportunity to acquire a high grossing, extremely profitable 2000sqft restaurant established since 2011. Located on a prime corner. in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats in+ 38 seats out. Restaurant produced over $1.7M in gross 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/storage in the building 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 . Gross Sales 2024 approx $1.6M. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy an exceptional location real money maker.

City:Miami Beach,Zoning:6501,List A O R:A-Miami Association of REALTORS,Electric:1:Other Electric,Latitude:25.7688601,Cooling Y N:1,Heating Y N:1,List Price:600000,Listing Id:A11724895,Longitude:-80.1348051,Mls Status:Active,Ownership:Limited Partnership,Inclusions:Furniture/Fixtures,Leases,Trade Name, Business Only,Postal Code:33139,Street Name:COLLINS,Coordinates:1:25.7688601,Lot Features:1:Corner Lot,Photos Count:1,Days On Market:48,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-01-21,Property Type:Business Opportunity,Street Number:000,Open Parking Y N:1,Public Remarks:Exceptional opportunity to acquire a high grossing, extremely profitable 2000sqft restaurant established since 2011. Located on a prime corner. in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats in+ 38 seats out. Restaurant produced over $1.7M in gross 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/storage in the building 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 . Gross Sales 2024 approx $1.6M. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy an exceptional location real money maker.,County Or Parish:Miami-Dade County,List Office Name:Grand Realty of America, Corp.,Private Remarks:NDA and POF required prior to disclose any additional info. Bring your serious buyers, they won't be disappointed. No nonsense Financials. Reason for sale: Seller invested in a famous local franchise on which he wants to focus. He's already having one location under construction in Sunny Isles and he's looking to open more units this year.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Seating Capacity:72,Special Licenses:1:City License,2:State License,State Or Province:FL,Total Actual Rent:19834,Unparsed Address:000 COLLINS, Miami Beach FL 33139,Year Established:2011,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Units:Square Feet,Original List Price:650000,Previous List Price:790000,Public Survey Range:32,Documents Available:1:Copy Of Lease(S),2:Owner Managed,I D X Participation Y N:1,Net Operating Income:442026,Syndication Remarks:Exceptional opportunity to acquire a high grossing, extremely profitable 2000sqft restaurant established since 2011. Located on a prime corner. in South Beach. A block away from the beach. Large covered outdoor seating. 38 seats in+ 38 seats out. Restaurant produced over $1.7M in gross 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/storage in the building 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 . Gross Sales 2024 approx $1.6M. Simple American/European cuisine is served. Very strong breakfast and lunch. It is your chance to buy an exceptional location real money maker.,Financial Data Source:1:Owner May Show Books,Listing Contract Date:2025-01-21,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Call Listing Agent,Electric On Property Y N:1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Typeof Business:RESTAURANT,M I A M I R E_ Internet Remarks:A MUST SEE!,Contract Status Change Date:2025-01-21,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Number Of Full Time Employees:14,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,