Profitable Italian Restaurant – North Miami Beach, FL
May Qualify for E-2 Visa
Asking Price: $250,000?|?Down Payment: $250,000?|?Discretionary Earnings: $231,005
Gross Revenue: $659,582?|?FF&E: $110,500?|?Leasehold Improvements: $104,000?|?Established: 9 Years
Business Overview
Take advantage of this profitable, semi-absentee Italian restaurant located in North Miami Beach, delivering over $659K in annual sales and $231K in owner benefit for 2024.
Established for more than nine years under the same ownership, this charming, upscale concept is well-known for its authentic Italian cuisine, consistent quality, and loyal clientele. The restaurant occupies 900 sq. ft. with both indoor and outdoor seating (25 inside and 14 outside) and features a fully equipped commercial kitchen including an 8-foot hood, fryer, six-eye burner with oven, and more.
Operating efficiently with a chef and seasoned team in place, the owner currently works about 20 hours per week. The rent is an exceptionally low $5,500/month, less than 10% of gross sales—well below industry standards.
All fixtures, furnishings, and equipment are included in the sale, along with a 2COP beer and wine license, making this a turnkey opportunity ideal for a hands-on operator or investor seeking strong cash flow and visa eligibility.
Key Details
Location: North Miami Beach, FL
Years Established: 9?|?Years Owned: 9
Employees: 4 Full-Time, 2 Part-Time
Owner Hours: 20 per week
Training: 1 week (included)
Non-Compete: 3 miles / 3 years
Operating Hours: 4 PM–10 PM (expandable to lunch service)
Lease: $5,500/month?|?Strip Plaza?|?Expires Dec 2025 (renewable)
Reason for Sale: Other business interests
Relocatable: No?|?Home-Based:** No?|?Franchise:** No
Financial Summary (2024)
Metric Amount (USD)
Gross Revenue $659,582
Cost of Goods $147,179
Gross Profit $512,403
Total Expenses $334,224
Net Income $178,179
Discretionary Earnings (SDE) $231,005
Highlights
Semi-absentee ownership with trained staff and chef
Rent under 10% of gross sales – rare for Miami market
9 years of strong reputation and repeat customers
Turnkey operation with full FF&E and 2COP license
Expand hours or add lunch to increase revenue
Excellent E-2 visa opportunity with verified cash flow
Ad#:2439966
