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Prime Lincoln rd Restaurant (Mediterranean)Location ,Location.!!!!

Miami Beach, FL (Miami-Dade County)

Seller Financing Available
Prime Lincoln rd  Restaurant (Mediterranean)Location ,Location.!!!!
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Asking Price: $300,000

Cash Flow: $190,000

Gross Revenue: $460,000

EBITDA: $175,000

FF&E: $125

Inventory: $300,000

Rent: $14,000 /Month

Established: 2014

Prime Lincoln rd Restaurant (Mediterranean)Location ,Location.!!!!

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Business Description

This is the very busy location of the corner building .
Plus 152K security deposit
South beach Bar (Wine And Beer)72 Seats Restaurant.
Side walk cafe permit just renewed.
Brick oven (Gas) worth 45000 usd ready for pizza maker .
1500 square feet.
Rent is 14000+NNN will due Sep 2023
New big hotel coming across the street with 150 bed
Lincoln 1212 will ready December 2019.
The landlord is a if company so you have to have some certain requirements to get approved from Landlord .
150K is included the price means you have 150K inside as a deposit (Letter of credit ).
Lease is renewable at 2023 .
Approved for E-2 visa (5 plus 2 years Usa resident permit )
Financial option is available subject to request.
The restaurant had head chef from Hilton Hotel.Alredy changed his visa he has work permit if you like to .
This is a very good opportunity to have a beautiful profitable restaurant.
Call if you have further questions.
You can keep the cusine or you can bring your own cusine but subject to Landlord approval .

Detailed Information

Location:
Miami Beach, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
9/2/2023
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All Assest will present after requesting info.
Competition:
Establish Good Instagram page. Eat24 delivery Grub hub Ubereats Postmates
Financing:
50% down plus 8%/yr for max 24 months
Support & Training:
Will be giving 1 month 5 days a week training.
Reason for Selling:
Far from owner residents.
Franchise:
This business is an established franchise
Business Website:
http://orderlokummediterraneanbarngrill.com
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Business Listed By:
Yeliz Ertekin

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