0 Miami- Huge Upside!Miami, FL 33138

Property Details for 0 Miami- Huge Upside!

Property size (Sq ft)

1,275 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8558

Longitude

-80.1819

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