Over $100 000 Miami Beach, FL 33141
- Retail properties
- 1,200 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Over $100 000
- Property size
- 1,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving New York-style pizzeria in Miami Beach, Florida presents a remarkable investment opportunity. Boasting a prime location and a loyal customer base of both locals and tourists, this established business generates over $100,000 in annual cash flow from a gross revenue of $650,000. The 1,200 square foot space is fully equipped with a state-of-the-art pizza oven, ample refrigeration, and all necessary kitchen equipment including a hood system, grease trap, and three-compartment sink. The sale includes a comprehensive inventory of small wares, shelving, tables, chairs, flatware, and a POS system. The current lease, significantly below market rate at $6,000 per month, extends until February 28, 2036, providing long-term stability. The current owner, relocating, will provide two weeks of support for a seamless transition. The business has four employees and has been operating successfully for three years. Seller financing is available. This is an asset sale, not a franchise. The business is ready for a new owner to capitalize on its success and benefit from upcoming large-scale development plans in the area, promising increased foot traffic and potential for further growth. Indoor seating accommodates 25 guests. The sale does not include inventory.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Dade
- State
- Florida
- Longitude
- -80.1213
- Latitude
- 25.8563
