High traffic area Oriental Restaurant For Sale In Miami Beach! Miami Beach, FL 33141
- Retail properties
- 635 SF
Current Use by Public Records
- Retail properties
Property Details for High traffic area Oriental Restaurant For Sale In Miami Beach!
- Property size
- 635 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional opportunity presents a fully operational 635-square-foot restaurant in Miami Beach's vibrant culinary scene. Priced at $120,000, this established business boasts a prime location attracting both locals and tourists, ensuring consistent foot traffic. The current lease extends until June 29, 2031, with a favorable five-year renewal option. Monthly rent, inclusive of CAM, taxes, and insurance, is $4,747. The restaurant currently operates from 4 pm to 2 am, but the new owner has the potential to expand hours to include lunch service. The space comfortably seats 24 patrons and includes a comprehensive inventory of equipment, such as a six-burner stove with oven, two induction plates, multiple refrigerators and freezers, prep tables, and a POS system. The restaurant also holds a beer and/or wine license. With four full-time employees currently in place, this turnkey operation is ready for immediate ownership. The business has been established for 7.5 years and is in excellent condition. This is a rare chance to acquire a thriving restaurant in a high-demand area of Miami Beach, offering significant growth potential. The existing equipment and established clientele provide a solid foundation for a new owner to implement their own concept or continue the successful operation of the current business. Don't miss this chance to own a piece of Miami Beach's thriving restaurant scene.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1484
- Latitude
- 25.8536
