Strategic Investor Wanted For Established 2 Unit Restaurant Portfolio in Heart of South Beach

Strategic Investor Wanted For Established 2 Unit Restaurant Portfolio in Heart of South Beach
Available

This is a great opportunity to acquire a 50% ownership in a two-unit restaurant portfolio including a high end fine dining concept plus a profitable fast casual concept in one of Miami Beach’s most desirable locations.  The owner is willing to consider a joint venture with an established national or international restauranteur looking to leverage this great South Beach brand and location, extensive buildout and ultra-long-term lease with over 15 years remaining. 

Property Details

Listing Price
$1,500,000
Listing Price (Additional Notes)
For a Strategic Stake in Business
Type
Full Service
Concept
High-end fine dining plus a profitable fast_casual concept
Sales
$1,200,000
Cash Flow (Additional Notes)
Not Disclosed – Contact for More Information
Location
South Beach
State
Florida
County
Miami-Dade County
Square Footage
5,400
Square Footage (Additional Notes)
Combined square footage between two locations
Seating
190
Seating (Additional Notes)
Combined between the two concepts
Parking
Street parking available
Base Rent
$31,000
Base Rent (Additional Notes)
combined for both units
Lease Terms
Over 15 years remaining
Includes Real Estate
No
Liquor License
Yes
Licenses
Beer, Wine, and Liquor
Hours
Open late

Inquire About This Listing

Boston ValuationsCorbett HubIBBAICSCMRA