Ristorante in Hollywood Florida a Miami

HollyRes

Asking Price:$475,000

Cash Flow:$360,000

Gross Revenue:$1,800,000


This opportunity is a Italian Restaurant in business with over 20 years in the same location.There is a liquor license 4COP/SRX in place with 200 seating capacity. The lease is a 10 year NNN lease paying $ 25.00 per Sq. Ft. per year (6,400 sq. ft.) with a 5% increase yearly and it will be a new lease for the new operator with option to sign for another 5 years at market rate. This current location is doing around $ 1,800,000.00 in gross sales serving lunch, dinners, and catering. The cash flow is 20% of gross sales The owners are willing to stay behind for a period of 30 to 60 days to train new operators. This is a confidential sale and we are willing to provide further information as request by signing a Non-Disclosure agreement.