For Sale
$444,000

Miami- Huge Upside! Miami, FL 33138

Profitable, established eatery; high-growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This thriving Miami Shores restaurant and bar, established six years ago, presents a unique investment opportunity. Priced at $444,000, this 1,275 square foot, fully equipped establishment boasts a strong cash flow of $58,732 and gross revenue of $189,837. The current lease, expiring February 27, 2028, is significantly below market rate at $2,700 per month. The sale includes all equipment, including a three-compartment sink, reach-in cooler and freezer, wine cooler, POS system, kegerator, and beverage coolers. The inviting space comfortably seats 43 indoors (with 10 tables, 20 chairs, 12 barstools, 2 sofas, and 4 lounge chairs) and 12 outdoors, plus a shared patio with potential for events up to 150 people. The owner is selling for personal reasons, leaving a significant opportunity for growth by expanding operating hours to include lunch, brunch, and dinner. The restaurant's unique concept and prime location in an affluent neighborhood, combined with the below-market rent and existing loyal customer base, make this a truly exceptional investment. The sale is an asset sale, and inventory is not included in the asking price. This is a turnkey operation ready for a new owner to capitalize on its considerable potential.

Highlights

  • $444,000 asking price for a profitable restaurant business in Miami Shores, FL.
  • 1,275 square foot restaurant with $189,837 gross revenue and $58,732 cash flow.
  • Fully equipped kitchen and dining area with seating for 43 inside and additional outdoor seating; includes POS system and refrigeration.
  • Owner-motivated sale due to personal reasons; high growth potential by expanding operating hours and utilizing existing patio space for events; below-market rent in an affluent neighborhood.
  • Established six years ago, currently operating with limited hours; potential to expand to brunch, lunch, and dinner service, increasing capacity to 150 with patio use; three employees.

Property Details for 0 Miami- Huge Upside!

Property type
Retail properties, Restaurants
Square Feet
1,275 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8558416
Longitude
-80.1819268

FAQs

What type of property is this?
Retail property - Profitable, established eatery; high-growth potential.
Where is the retail property located?
The property is located at Miami- Huge Upside! Miami, FL.
What is the asking price?
The asking price for this property is $444,000.
What are key features of this property?
This property features: $444,000 asking price for a profitable restaurant business in Miami Shores, FL.; 1,275 square foot restaurant with $189,837 gross revenue and $58,732 cash flow.; Fully equipped kitchen and dining area with seating for 43 inside and additional outdoor seating; includes POS system and refrigeration.
How can I contact the broker?
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