- County
- Miami-Dade County
- Main roads
- Collins Avenue, Lincoln Road and Alton Road
- Likely buyers
- Hospitality groups, boutique retailers, investors and relocating owners
What Sells on the Beach
Restaurants, bars, boutiques, wellness studios, tour operators, boat rentals and vacation rental managers fill the island. Sales swing with the season, big events and hurricane warnings.
Buyers ask for at least two years of monthly sales to understand those swings, and they discount companies that earned most of their profit in a single great season.
Local Rules Matter
Miami Beach has its own licensing, entertainment hour limits and short term rental rules. A bar or club that sells alcohol must also handle the state transfer, as we explain in Florida liquor license transfer.
Vacation rental managers should read the brief on rental management valuation.
Rents Shape Price
Retail rents on the best streets are among the highest in the state. A lease with years left and fair step ups can be the largest asset of the company. A buyer will study it closely, so our guide on lease assignment is a good first read.
Visitor Data
Keep records of how many sales come from tourists and how many from residents. A company that sells to locals all year is safer than one tied to a few winter months, and buyers will pay more for the first kind.
Who Buys
Hospitality groups adding venues, boutique brands opening on the island, investors from abroad and local managers stepping up to ownership are the usual buyers. Cash heavy companies should prepare their records as in proving cash revenue.
When you want a number, ask for a private estimate or call (786) 555-0134.