Home » Miami Beach » Collins Ave, Miami Beach, FL 33141 | A11666499

For Sale Collins Ave, Miami Beach, FL 33141

$4,900,000
Price has decreased by $1,100,000

Property Highlights

Listing ID A11666499 Status of this Listing: Active For Sale Property Type Business Opportunity Business Type Restaurant,Food & Beverage,Bakery Time of this property on Rebonus 69 Day(s)

Collins Ave, Miami Beach, FL 33141

Property Description: SELLER MOTIVATED! BRING YOUR OFFERS! MULTIPLE LOCATIONS FOR WELL KNOWN BAKERY INC BAKERY LAB IN HALLANDALE BEACH AND 3 PRIME RETAIL STOREFRONTS IN SOUTH FL INC MIAMI BEACH, HALLANDALE BEACH. REAL ESTATE IS LEASED W/LONG TERM (10 PLUS YRS) LEASES THAT CAN BE RENEWED. ALSO INC W/SALE ARE ALL FF&E IN ALL LOCATIONS, REFRIG NEW DELIVERY TRUCK. TURNKEY BUSINESS RUN BY THE SAME OWNER FOR 30 YEARS. OWNER RETIRING, WILL STAY FOR 30 DAYS TO TRAIN. GROSS SALES NOTED FOR ALL RETAIL LOCATIONS COMBINED. RETAIL LOCATIONS INC DINE IN AND TERRACE RESTAURANTS, CATERING, TO GO AND DELIVERY SERVICES. PARKING AVAIL AT ALL LOCATIONS. W/SIGNED NDA AND POF, DETAILS WILL BE DISCLOSED INC INVENTORY OF EQUIP, FINANCIALS, TAX RETURNS, P&L STATEMENTS. ANNUAL NET PROFIT $700K. MOTIVATED SELLER, GREAT FOR EB5 VISA.

Useful Info

Previous Asking Price:$6,000,000
Original List Price:$6,000,000

Business Info

Financial Data Source:
  • Owner
  • Other
  • Accountant
Year Established:1994
Years Current Owner:30
Number Of Full Time Employees:35
Operating Expense Includes:
  • Accounting
  • Electric
  • Legal
  • Licenses
  • Rent
  • Utilities
  • Water/sewer
  • Advertising
  • Trash
  • Insurance
  • Maintenance
  • Supplies
Special Licenses:
  • State
  • Beer/wine
Hours Days Of Operation Description:7

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Construction Materials:
  • Block
Flooring:
  • Tile
Road Frontage Type:
  • City Street
  • Main Thoroughfare

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Security System
Roof:
  • Other

Taxes and Expenses

Tax Year:2023

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Senior Community:No
Restrictions: Zoning Restrictions

Parking

Covered Spaces:0
Parking Features:
  • Common
  • Free Parking

More Details

Other Information:
Property DescriptionBAKERY BUSINESS
Municipal Code2
Ref1088931081
Subdivision Number3

Zoning and Legal

Zoning Description:CD-2
Public Survey Township:2
Public Survey Range:32
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:September 28, 2024 11:03 am
On Market Date:September 27, 2024
Price Change Date Time:November 18, 2024 8:01 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 18, 2024 8:01 pm
Status Last Changed:September 28, 2024 11:03 am
Photos Last Modified:September 28, 2024 3:19 pm
Last Modified:November 19, 2024 1:13 am
Days on the Market Reference Date:November 19, 2024
Days on the Market (updated on Last Modified*):52
Cumulative Days on the Market (updated on Last Modified**):52

Additional Information

Number of Photos:1
Location:Central Business District,City Location,Other Location,Shopping Center,,
Included:,Equipment,Inventory,Leases,License,Business Only,Other Sale Includes
Area:22
Automated Valuation Display:Yes
Courtesy of:The Keyes Company

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Address: Collins Ave
City : Miami Beach
State : Florida
Zip Code : 33141
County : Miami-Dade
Full Address:Collins Ave, Miami Beach, FL 33141
Latitude:N25° 50' 58.7''
Longitude:W81° 52' 46.9''

Neighborhood

Postal City:Miami Beach

Property Map