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Russian Restaurant and Entertainment Venue in Miami Beach

Sunny Isles Beach, FL (Miami-Dade County)

Russian Restaurant and Entertainment Venue in Miami Beach
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Asking Price: $149,000

Cash Flow: $155,000

Gross Revenue: $918,602

EBITDA: N/A

FF&E: $149,000

Inventory: N/A

Rent: $15,000 /Month

Established: 2011

Russian Restaurant and Entertainment Venue in Miami Beach

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Business Description

Russian Restaurant and Entertainment Venue in Miami Beach

Traditional Russian Restaurant and Entertainment Venue in Miami Beach. Annual Sales for 2018 were $918,602. Owners Benefit / Profit to Owner is $155,000. Financial representations for this restaurant are verifiable through Tax Returns.The restaurant serves traditional Russian Food to tourists and locals who miss traditional Russian Cuisine. The restaurant features live music, deejays, dancing, and karaoke. The restaurant is located in Sunny Isles Beach, also known as "Little Moscow" Sunny Isles is one of the biggest Russian Communities in the United States with over 50% of its residence from the USSR. The restaurant is 3,600 square feet. It has a fully equipped kitchen. There is a beer, wine, and tobacco license on premises. Because of the restaurants delicious food, ample space, and unique decor, many customers have special events at the restaurant throughout the year including weddings, parties, anniversaries, and commemorations. The restaurant is fully staffed with an excellent team. The seller will offer training and assistance to the buyer and new owner.  This restaurant will qualify for a VISA.

For additional information contact Dave Walis.

Special Features
Traditional Russian Restaurant and Entertainment Venue in Miami Beach
Annual Sales for 2018 were $918,602.
Owners Benefit / Profit to Owner is $155,000.
Financial representations for this restaurant are verifiable through Tax Returns.
Serves traditional Russian food to tourists and locals who miss traditional Russian Cuisine.
Features live music, deejays, dancing, and karaoke.
Because of the restaurants delicious food, ample space, and unique decor, many customers have special events at the restaurant throughout the year including weddings, parties, anniversaries, and commemorations.
Located in Sunny Isles Beach FL, also known as "Little Moscow"
Sunny Isles has one of the biggest Russian Communities in the United States with over 50% of its residence from the USSR.
The restaurant is 3,600 square feet.
Rent is $15,000 a month
Fully equipped kitchen.
Beer, wine, and tobacco license on premises.
The restaurant is fully staffed with an excellent team.
The seller will offer training and assistance to the buyer and new owner.
This restaurant will qualify for a VISA.

Detailed Information

Location:
Sunny Isles Beach, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
12/31/2023
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Traditional Russian Restaurant and Entertainment Venue in Miami Beach. Annual Sales for 2018 were $918,602. Owners Benefit / Profit to Owner is $155,000. Financial representations for this restaurant are verifiable through Tax Returns. Serves traditional Russian food to tourists and locals who miss traditional Russian Cuisine. Features live music, deejays, dancing, and karaoke. Because of the restaurants delicious food, ample space, and unique decor, many customers have special events at the restaurant throughout the year including weddings, parties, anniversaries, and commemorations. Located in Sunny Isles Beach FL, also known as "Little Moscow" Sunny Isles has one of the biggest Russian Communities in the United States with over 50% of its residence from the USSR. The restaurant is 3,600 square feet. Rent is $15,000 a month Fully equipped kitchen. Beer, wine, and tobacco license on premises. The restaurant is fully staffed with an excellent team. The seller will offer training and assistance to the buyer and new owner. This restaurant will qualify for a VISA.
Competition:
Pro: Located in Sunny Isles Beach FL, also known as "Little Moscow" Sunny Isles has one of the biggest Russian Communities in the United States with over 50% of its residence from the USSR.
Support & Training:
Yes
Reason for Selling:
Other Interest
Business Website:
http://restaurantsalesgroup.com/listings/traditional-russian-restaurant-and-ent
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(from currently available funds)
 
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Dave Walis

Business Listed By:
Dave Walis

The Restaurant Sales Group

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