Established Restaurant for Sale on Lincoln Rd, Miami Beach

Category: Restaurant & Food Service

Price:$345,000

Location: Miami Beach, FL

Year Built: 1925

Days on Market: 9

Description:

Directly on Lincoln Rd, one of the best locations in the heart of South Beach! With the most affordable rent of Lincoln Rd and with well over a million dollars in gross revenues, this restaurant is a gem! Absentee Owner is affecting the net profit. As with all small businesses, some direct management would surely improve the Gross-to-Net ratio. Incredible location & restaurant. Pizzette has an impeccable reputation and is always busy. Perfect for an investor/manager who wants an established successful business, where he only has to run a professional administration. VERY RARE OPPORTUNITY TO OWN A FULLY REMODELED AND WELL ESTABLISHED SUCCESSFUL RESTAURANT IN MIAMI BEACH - Price is Firm!

Directly on Lincoln Rd, the best locations in Miami! Affordable rent with well over a million dollars in gross revenues, this restaurant is a gem!

Business Type: Restaurant

Tax Legal Description: 33 34 53 42 COMM SUB 1 ADD PB 6-30 LOT 1 BLK 40 LOT SIZE 7500 SQUARE FEET OR 15942-4718-62 0593 4

Business Name: PIZZETTE

Year Established: 3

Directions: From Mac Arthur Causeway, left on Alton, left on Lincoln. Business is on your left.

Hours/Days of Operation: OpenMoreThan8HoursDay

Financial Data Source: Owner

Parking Features: Common

Insurance Expense: $15,113

Documents Available: Appraisal,Financials,Inventory,Lease

Listing Code: 1071106286