Profitable Miami Beach Beachfront Hotel condo restaurant. Exclusive right to serve food and beverage to 120 rooms and 80 condos, pool, beachfront of a well established hotel. Full kitchen, 70 seats inside + lobby + pool. Rent $10,378 includes all utilities and taxes with option to renew until 2022. May qualify for E2 visa. Room to grow!
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$113,217FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
ConfidentialEstablished Miami Beach hotel restaurant
This business is sold. Please check other available businesses for sale.