1223 Lincoln Rd, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Business Opportunity

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Business Opportunity Active

1223 Lincoln Rd, Miami Beach FL 33139

$265,000

Overview

Property ID: A11573975

Restaurant/Entertainment
Property Type

1925
Year Built

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! 8 year lease – 6 year before landlord resell option