Ristorante in 1200 Collins Avenue a Miami

Osteria by the Beach

LOCATION, LOCATION..LOCATION!

Asking Price: $2,200,000
Cash Flow: $350,000
Gross Revenue: $2,000,000
EBITDA: $1,500,000
FF&E: $400,000

Inventory: $100,000
Rent: $14,365 per Month
Established: 1987

World Famous. Homemade pastas, breads and desserts
Restaurant is located in the heart of South Beach.
Has been open for 35 years and has steady and repeat customers. We have seating for up to 130 guest at one time.
Has a full bar and liquor license. Still have 5 years left on the lease. Plus a 5 and a 5 year option after. Lease is below market value for area. The restaurant is in a prime location. One block off the beach and a few blocks away from The Miami Beach convention center.
Employees have been with the restaurant for many years. Very well established with excellent reviews. Nearly 5 stars. The restaurant is fully stocked. It's a turn key operation. No renovations needed. Just take over the lease and the operation.

We are only open for dinner and only for 5 days a week. You can open 365 days. Also, you can offer breakfast and lunch. We do not currently offer that.The bar can stay open until 2am.