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Established And Profitable Steakhouse In Miami, Fl For Sale

Miami-Dade County, Florida, US
Asking Price:
$985,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,037,687
Cash Flow:
$315,021

This Steakhouse Restaurant was established with the vision of bringing a high-quality, contemporary steakhouse experience to Miami-Dade, Florida area. Over the years, it has become one of the best spots known for its commitment to excellence in both food and service.

This strategically located restaurant and bar is situated in the vibrant heart of Miami-Dade. This versatile asset sale presents a rare opportunity to acquire a turnkey operation with the flexibility to adapt to any dining concept.

Key Features:

Comprehensive Business Sale: Includes a food and full alcohol business license (4COP), 350k equipment, fixtures, and furniture necessary for immediate operation.

High Gross Sales: Former Concept successfully generated over 3M in annual sales, demonstrating proven profitability and operational success.

Lease Terms: Favorable lease conditions with 5 years available left on the initial term, including one additional 5-year option, ensuring long-term stability.

Operational Advantages:

Utilities: Efficient management of operational costs.

Property Information

Premises Details:

Monthly Rent: $20,176
Lease Expires July 5, 2028

Size in square feet:
4,200

Business Operation

Reasons for selling:

Other Business Interests

Trading hours:

11:30 AM – 10:00 PM

Employees:
14
Years established:
2019

Other Information

Support & training:

N/A

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing: $100,000
Interest: 6%
24-months
Monthly Payments: $4,432.06

Furniture / Fixtures value:
$350,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price