Description
Location: 758 Washington Ave, Miami Beach, FL
Asking Price: $1,800,000 (includes lease, liquor license, FF&E)
Size: 2,129 SF under air
Explore This Location Online:
Overview: Seize the opportunity to own and operate a high-end bar, club, and lounge at the center of South Beach’s vibrant nightlife scene. This turnkey establishment is fully equipped with a state-of-the-art lighting and sound system, making it a magnet for night-time entertainment. Located amidst South Beach’s bustling array of high-grossing restaurants, bars, and nightclubs, this venue is ideally positioned to maximize profitability.
Key Features:
- Current Operation: Bar / Club / Lounge without a kitchen.
- Liquor License: Sale includes a full 4COP Dade County quota liquor license
- Lease Details: Secured long-term lease with an option for extension, featuring modest annual rent increases of 3%. This lease is very undervalued way below market rent for this location.
- Premises: Luxuriously built-out with premium fixtures, furniture, and equipment in top condition.
Investment Potential: This venue is particularly appealing to VISA international buyers or investors seeking a lucrative business venture. The favorable lease terms and the inclusion of a comprehensive liquor license make this an attractive investment in Miami Beach’s competitive market.
Additional Information:
- Requires a deposit of $10,500, covering first lease and security.
- Lease transfer is subject to the lessor’s consent, which is expected to be granted without undue restrictions.
- Situated in a prime South Beach location, ensuring high foot traffic and visibility.
Opportunity: Considered one of the best bar and lounge opportunities currently on the market in Miami Beach, this business is perfectly positioned for those looking to enter or expand in the nightlife industry. Take advantage of this chance to operate in a high-profile area known for its dynamic and profitable nightlife.
Contact our office today for more information
Office:561-368-0003
Tom Prakas: 561-929-0111 | tom@prakascompany.com
Nick Prakas: 561-665-1402 | nick@prakascompany.com
Chas Prakas: 561-400-1058 | chas@prakascompany.com
- Size: 2129
- Lease: Contact Us
- Infrastructure Included: Yes - Full Bar with License
- Zoning: Bar / Liquor License / Club / Lounge
View on map / Neighborhood
This commercial property is located in Miami Beach is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 1,800,000.00 and is listed as 2129 sq ft.Â
REQUEST MORE INFORMATION
Restaurants & Bars For Sale
$ 1,800,000.00
Description
Location: 758 Washington Ave, Miami Beach, FL
Asking Price: $1,800,000 (includes lease, liquor license, FF&E)
Size: 2,129 SF under air
Explore This Location Online:
Overview: Seize the opportunity to own and operate a high-end bar, club, and lounge at the center of South Beach’s vibrant nightlife scene. This turnkey establishment is fully equipped with a state-of-the-art lighting and sound system, making it a magnet for night-time entertainment. Located amidst South Beach’s bustling array of high-grossing restaurants, bars, and nightclubs, this venue is ideally positioned to maximize profitability.
Key Features:
- Current Operation: Bar / Club / Lounge without a kitchen.
- Liquor License: Sale includes a full 4COP Dade County quota liquor license
- Lease Details: Secured long-term lease with an option for extension, featuring modest annual rent increases of 3%. This lease is very undervalued way below market rent for this location.
- Premises: Luxuriously built-out with premium fixtures, furniture, and equipment in top condition.
Investment Potential: This venue is particularly appealing to VISA international buyers or investors seeking a lucrative business venture. The favorable lease terms and the inclusion of a comprehensive liquor license make this an attractive investment in Miami Beach’s competitive market.
Additional Information:
- Requires a deposit of $10,500, covering first lease and security.
- Lease transfer is subject to the lessor’s consent, which is expected to be granted without undue restrictions.
- Situated in a prime South Beach location, ensuring high foot traffic and visibility.
Opportunity: Considered one of the best bar and lounge opportunities currently on the market in Miami Beach, this business is perfectly positioned for those looking to enter or expand in the nightlife industry. Take advantage of this chance to operate in a high-profile area known for its dynamic and profitable nightlife.
Contact our office today for more information
Office:561-368-0003
Tom Prakas: 561-929-0111 | tom@prakascompany.com
Nick Prakas: 561-665-1402 | nick@prakascompany.com
Chas Prakas: 561-400-1058 | chas@prakascompany.com
- Size: 2129
- Lease: Contact Us
- Infrastructure Included: Yes - Full Bar with License
- Zoning: Bar / Liquor License / Club / Lounge
View on map / Neighborhood
This commercial property is located in Miami Beach is currently Restaurants & Bars For Sale and has been listed on Prakas & Co. This property is listed at $ 1,800,000.00 and is listed as 2129 sq ft.Â