An Incredible Classic Italian Restaurant
An incredible classic Italian restaurant – Located in the Kendall / Sunset Neighborhood of Miami. Some say this is the finest Italian restaurant in Miami. In business for over 7 years. Reason for sale is retirement. Annual Sales for 2018 are $1.4 Million. Owners Benefit is $350K+ Annually. The restaurant has an extensive wine list and a full 4COP Liquor License, that is included in the sale. (Currently $175K Value in Miami Dade.) If you are looking for a classic restaurant business with a proven track record, solid cash flow, amazing food, and repeat customers this is for you. Serious inquiries only. Buyers will be asked to provide proof of funds. For additional information contact Del Ogorelkoff Resaurantsalesteam3@gmail.com 954-579-4812
- Neighborhood: Kendall, Sunset
- County: Miami Dade
- State: Florida
- Type: Restaurants
- Asking Price: $1,200,000
- Gross Sales: $1,400,000
- Cash Flow: $350,000
- Size: 2,400 Sq. Ft.
- Seats: 88 Inside 8 Outside
- Rent: $7,562
- Lease Term: 8 years
- License: 4COP Full Liquor License
- Lease Options:Yes
- Real Estate Included: No
- Seller Finance:No
- An incredible classic Italian restaurant
- Located in the Kendall / Sunset Neighborhood of Miami
- Some say this is the finest Italian restaurant in Miami
- In business for over 7 years.
- Reason for sale is retirement.
- Annual Sales for 2018 are $1.4 Million.
- Owners Benefit is $350K+ Annually.
- The restaurant has an extensive wine list
- Full 4COP Liquor License is included in the sale. (Currently $175K Value in Miami Dade.)
- Rent -$7562.25
- Lease escalations – 3%
- Sq.ft.- 2,400
- Lease exp. Oct 27, 2026
- Lease option- Landlord approval
- Seats inside- 88
- Seats outside- 8